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
SiMn hits the daily limit during trading, with spot price remaining stable [SMM SiMn futures review]
Jul 25, 2025, at 4:59 pm
The SM2509 contract opened at 6,000 yuan/mt and closed at 6,414 yuan/mt, with an increase of 8.02%. The daily high was 6,414 yuan/mt and the low was 5,954 yuan/mt. Trading volume was 877,130 lots, and open interest was 387,032 lots. On the raw material side, South32's offer for South African semi-carbonate lumps with a September 2025 shipment date to China was $4.05/mtu (up $0.15), and the offer for Australian lumps was $4.45/mtu (up $0.1). Cost support was strong, and manganese ore prices remained stable at high levels. On the futures side, SiMn hit the daily limit up during trading, with high market sentiment. Preliminary understanding suggests this is related to relevant policies, and continuous follow-up is needed. The spot price of SiMn remained stable, and continuous attention should be paid to future price trends.
July 25 News: The SM2509 contract opened at 6,000 yuan/mt and closed at 6,414 yuan/mt, up 8.02%. The daily high was 6,414 yuan/mt and the low was 5,954 yuan/mt. Trading volume was 877,130 lots, and open interest was 387,032 lots. On the raw material side, South32's offer for South African semi-carbonated lump ore with a September 2025 shipment date to China was $4.05/mtu (up $0.15), and the offer for Australian lump ore was $4.45/mtu (up $0.1). Cost support was strong, and manganese ore prices remained stable at high levels. On the futures side, SiMn hit the daily price limit during trading, with high market sentiment. Preliminary understanding suggests this is related to relevant policies, and continuous follow-up is needed. The spot price of SiMn remained stable, and close attention should be paid to future price trends.
