Macroeconomics 1. [PPI] National Bureau of Statistics: In August 2026, the national producer price index (PPI) for manufactured goods rose by 3.8% year-on-year and 0.4% month-on-month.

According to SunSirs, silicomanganese futures fluctuated at high levels last week, and market sentiment shifted toward a "wait-and-see" approach. Regarding production areas, the recent resumption

Price Trends According to SunSirs, the silicomanganese market performed strongly last week; continuous gains in futures prices boosted market sentiment. Meanwhile, costs rose steadily—driven by firm

Macroeconomics 1. [US Core PCE Price Index] The US core Personal Consumption Expenditures (PCE) price index rose 0.2% month-on-month in July, matching the forecast and up

According to SunSirs data, silicomanganese futures traded strongly last week, driven by market sentiment across the ferrous metals sector. On the cost side, chemical coke

Macroeconomics 1. [US-Canada Trade] Trade negotiations between the US and Canada collapsed on August 22. As Canada failed to reach an agreement by the deadline, the

According to Futures Daily, high inventory pressure combined with poor profitability has led producers to continue cutting output, resulting in a slight contraction of manganese-silicon

According to SunSirs, silicomanganese futures prices rose last week, making it increasingly difficult for buyers to source material at low prices. Facing cost pressures, silicomanganese

Macroeconomics 1. [Monetary Policy] The central bank released the Report on Monetary Policy Implementation in China for the second quarter of 2026. The report proposes the

According to SunSirs, the silicomanganese market experienced a dip followed by a rebound last week, with factories currently adopting a cautious approach to shipments. Amid

Macroeconomics 1. [Automotive] CPCA: In July, retail sales of passenger vehicles in China totaled 1.506 million units, down 18% year-on-year and 6% month-on-month; cumulative retail sales

Price trends According to data monitored by SunSirs, the silicomanganese market traded weakly last week, accompanied by a decline in futures prices. With costs steadily falling

Macroeconomics 1. [MLF] The People's Bank of China will conduct a Medium-term Lending Facility (MLF) operation worth 500 billion RMB on July 24. Wind data shows

Price trends According to SunSirs, the silicomanganese market saw narrow fluctuations last week amidst a supply-demand standoff, with limited opportunities for plants to move inventory. Steel

Macroeconomics 1. [Reverse Repo] On July 15, 2026, the People's Bank of China will conduct an outright reverse repo operation totaling 1.4 trillion RMB. The operation

According to SunSirs, a rebound in silicomanganese futures prices last week boosted bargaining sentiment regarding manganese ore; this, combined with power supply restrictions in Inner

Macroeconomics 1. [Carbon Peak Action] The State Council has issued the "Action Plan for Carbon Peaking during the 15th Five-Year Plan Period." By 2030, China aims

Macroeconomics 1. [PPI] National Bureau of Statistics: In June 2026, China's producer prices for manufactured goods rose by 4.1% year-on-year and fell by 0.3% month-on-month. Producer

According to SunSirs, the silicomanganese market traded weakly last week; futures prices initially rose but subsequently fell, remaining overall at low levels. Manufacturers faced difficulties