主要图表免责声明本报告由东吴期货研究所制作及发布。报告是基于本公司认为可靠的且目前已公开的信息撰写，本公司力求但不保证该信息的准确性和完整性，所表述的意见并不构成对任何人的投资建议，投资者需自行承担风险。未经本公司事先书面授权，不得对本报告进行任何有悖原意的引用、删节、修改、及用于其它用途。图5、硅铁05合约基差-8基差及价差硅铁2309基差-130-56-90-42硅铁5-9价差锰硅9-1价差807406硅铁2305基差锰硅2305基差7320-4硅铁23090.6万0.0万锰硅2309图11、硅锰9-1价差图12、硅锰5-9价差图2、硅锰现货价格（元/吨）图8、硅锰09合约基差16.5万0.9万锰硅230518.7万0.2万图1、硅铁现货价格（元/吨）图7、硅锰05合约基差图6、硅铁09合约基差图3、硅铁现货利润（元/吨）图4、硅锰现货利润（元/吨）图9、硅铁9-1价差图10、硅铁5-9价差1230-6-640.5万利润持仓情况0.0万762.5-1内蒙锰硅利润-334.4245.222394.5-353宁夏锰硅利润-468.424-170.778锰硅2305结算价内蒙锰硅现价锰硅2309基差宁夏硅铁利润内蒙硅铁利润硅铁2305期现货市场-16-10-2-50硅铁2305结算价硅铁2309结算价锰硅2309结算价80107930-5030-48锰硅5-9价差86-210-84硅铁9-1价差宁夏硅铁现价内蒙硅铁现价宁夏锰硅现价780080007350-1000项目数据环比7300铁合金数据日报2023/2/9品种日内观点硅铁硅锰产业链数据环比项目数据8日双硅主力合约宽幅震荡，尾盘硅锰小幅回升，现货成交较为活跃，宁夏地区硅铁价格下调100元/吨，硅锰下调50元/吨，内蒙地区硅锰下调50元/吨，天津港加蓬矿、澳矿、半碳酸均有不同程度的下调，宁夏地区电价上调0.03元/吨，二氧化硅下调10元/吨，富锰矿、氧化铁皮价格上调60元/吨，双硅成本线上行，利润区间均缩小。从基本面来看，双硅整体偏弱，上周数据显示，双硅供给端有增量，需求回升有所好转，但总体供大于求的局面没有发生变化，库存继续增加，二月份钢招在即，预计会对双硅下游形成需求提振。双硅盘面下方存在空间，有随情绪继续下行的可能性。操作上建议区间操作，不建议追空300050007000900011000130001500017000190002020/1/12020/2/12020/3/12020/4/12020/5/12020/6/12020/7/12020/8/12020/9/12020/10/12020/11/12020/12/12021/1/12021/2/12021/3/12021/4/12021/5/12021/6/12021/7/12021/8/12021/9/12021/10/12021/11/12021/12/12022/1/12022/2/12022/3/12022/4/12022/5/12022/6/12022/7/12022/8/12022/9/12022/10/12022/11/12022/12/12023/1/12023/2/1宁夏硅铁内蒙硅铁30005000700090001100013000150002020/1/12020/2/12020/3/12020/4/12020/5/12020/6/12020/7/12020/8/12020/9/12020/10/12020/11/12020/12/12021/1/12021/2/12021/3/12021/4/12021/5/12021/6/12021/7/12021/8/12021/9/12021/10/12021/11/12021/12/12022/1/12022/2/12022/3/12022/4/12022/5/12022/6/12022/7/12022/8/12022/9/12022/10/12022/11/12022/12/12023/1/12023/2/1宁夏硅锰内蒙硅锰-2000020004000600080001000012000140002019/1/32020/1/32021/1/32022/1/32023/1/3宁夏虚拟利润内蒙虚拟利润-1000-500050010001500内蒙虚拟利润宁夏虚拟利润-2000-1000010002000300040005000600070005/166/167/168/169/1610/1611/1612/161/162/163/164/16SF2005基差SF2005基差SF2105基差SF2205基差-1000010002000300040005/166/167/168/169/1610/1611/1612/161/162/163/164/16SM2005基差SM2105基差SM2205基差SM2305基差-2000-1500-1000-500050010001500200025009/1610/1611/1612/161/162/163/164/16SF2005-SF2009SF2105-SF2109SF2205-SF2209SF2305-SF2309-1000-5000500100015009/1810/1811/1812/181/182/183/184/18SM2005-SM2009SM2105-SM2109SM2205-SM2209SM2305-SM2309-2000020004000600080009/1610/1611/1612/161/162/163/164/165/166/167/168/16SF2009基差SF2109基差SF2209基差SF2309基差-1000-500050010001500200025003000350040009/1610/1611/1612/161/162/163/164/165/166/167/168/16SM2009基差SM2109基差SM2209基差SM2309基差-400-300-200-10001002003004005001/172/173/174/175/176/177/178/179/17SM2009-SM2101SM2109-SM2201SM2209-SM2301SM2309-SM2401