But for the future trend, the atmosphere of cautious observation is still quite strong.

Today (February 6, 2025), the price of silicon manganese in The ZCE Future suddenly surged. The main reasons can be analyzed from the following aspects:

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The contraction on the supply side caused by reduced production was difficult to compete with the further weakness on the demand side as the off-season deepened.

In the traditional off-season, factory inventory pressure was not high, overall supply was stable, but the demand remained low.

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