Futures fluctuated downward, and the spot market remained predominantly in a wait-and-see mode. [SMM Manganese Silicon Futures Review]

Apr 25, 2025, at 9:56 am

SMM Manganese Silicon Futures Review: Futures Fluctuated Downward, Spot Market Dominated by Wait-and-See Sentiment. The SM2509 contract opened at 5,826 yuan/mt, fluctuated downward after the morning session, and finally closed at 5,796 yuan/mt, a decrease of 0.55%. The daily high was 5,882 yuan/mt, and the low was 5,796 yuan/mt. The trading volume was 215,568, and the open interest was 379,691. The manganese silicon futures market fluctuated downward, and the spot side still lacked favorable factors to drive it, with most market participants maintaining a wait-and-see sentiment.

On April 25, the SM2509 contract opened at 5,826 yuan/mt, fluctuated downward after the morning session, and finally closed at 5,796 yuan/mt, a decrease of 0.55%. The daily high was 5,882 yuan/mt, and the low was 5,796 yuan/mt. The trading volume was 215,568 lots, and the open interest was 379,691. The silicon manganese futures market fluctuated downward, and the spot side still lacked favorable factors to drive it, with market participants mostly maintaining a wait-and-see sentiment. 》Order to view SMM metal spot historical prices.

Selected News
Manganese

SMM

Futures fluctuated downward, and the spot market remained predominantly in a wait-and-see mode. [SMM Manganese Silicon Futures Review]

MMi Iron Ore Port Spot Index Report (25th)

The Shanghai Composite Index jumped initially and then pulled back, closing slightly lower. The power sector led the gains, while high-priced stocks experienced another collective sharp decline. [Stock Market Closing Review]