The local prices are expected to be released soon, stay tuned!
Got it
+86 021 5155-0306
Language:
SMM
Sign In
Base Metals
Aluminum
Copper
Lead
Nickel
Tin
Zinc
New Energy
Solar
Lithium
Cobalt
Lithium Battery Cathode Material
Anode Materials
Separator
Electrolyte
Lithium-ion Battery
Sodium-ion Battery
Used Lithium-ion Battery
Hydrogen Energy
Energy Storage
Minor Metals
Silicon
Magnesium
Titanium
Bismuth/Selenium/Tellurium
Tungsten
Antimony
Chromium
Manganese
Indium/Germanium/Gallium
Niobium/Tantalum
Other Minor Metals
Precious Metals
Rare Earth
Gold
Silver
Palladium
Platinum/Ruthenium
Rhodium
Iridium
Scrap Metals
Copper Scrap
Aluminum Scrap
Tin Scrap
Ferrous Metals
Iron Ore Index
Iron Ore Price
Coke
Coal
Pig Iron
Steel Billet
Finished Steel
International Steel
Others
Futures
SMM Index
MMi
Supply Surplus Persists, Spot Prices Remain Stable for Now [[SMM Manganese-Silicon Futures Review]]
May 06, 2025, at 4:19 pm
[SMM Manganese-Silicon Futures Review: Supply Surplus Persists, Spot Prices Remain Stable for Now] The SM2509 contract opened at 5,706 yuan/mt, fluctuated downward after the morning session, and eventually closed at 5,560 yuan/mt, down 2.76%. The daily high was 5,738 yuan/mt, and the low was 5,544 yuan/mt. Trading volume was 273,900 lots, with open interest at 447,824. Although SiMn plants maintained production cuts, downstream steel mills remained cautious in purchasing SiMn raw materials, resulting in sluggish transactions in the SiMn market. Spot prices in the SiMn market remained stable for now after the holiday.
On May 6: The SM2509 contract opened at 5,706 yuan/mt. After the morning session, it fluctuated downward and eventually closed at 5,560 yuan/mt, marking a 2.76% decline. The day's high was 5,738 yuan/mt, and the low was 5,544 yuan/mt. Trading volume reached 273,900 lots, with open interest at 447,824. Despite SiMn plants maintaining production cuts, downstream steel mills remained cautious in purchasing SiMn raw materials. Trading in the SiMn market was sluggish, and the spot price of SiMn in the post-holiday market remained stable for the time being.
