News summary
Ferrosilicon futures fell 2topbingo.16%topbingo, closing at 7152 yuan/tontopbingo; Manganese and silicon futures prices rose slightly, closing at 8788 yuan/ton.
Newsletter text
[The ferrosilicon and manganese-silicon futures markets fluctuated slightly. Ferrosilicon fell significantly, and manganese-silicon stabilized and rebounded] On May 23, the main contract of ferrosilicon futures, 409, fell significantly, opening lower than the previous day's close. It fluctuated downward throughout the day, and the closing price was 7152 yuan/ton, recording a record of 2topbingo.16% decline.
At the same time, the main contract of manganese and silicon futures, 409, showed different market dynamics. After opening lower in the morning, the market fluctuated. After a slight decline in the afternoon, it quickly recovered, and finally turned from decline to rise. The closing price rose to 8788 yuan/ton, a slight increase of 0.09%.