The main factors affecting the price changes of manganese-silicon futures contracts are as follows:

1. Raw material price. Manganese-silicon alloy is an iron alloy synthesized by processing elements such as manganese, silicon and iron, and its price will be affected by the prices of raw materials such as manganese, iron and silicon. As the price of raw materials rises, the cost of synthesizing manganese silicon will increase, and the price of manganese silicon will also increase.

2. Manganese and silicon output. The output of manganese silicon determines the supply, and the supply will affect the market price of manganese silicon.

3. Import and export volume. The import and export volume of manganese and silicon in China will also affect the domestic price of manganese and silicon.

4. National policies. The relevant policies of manganese and silicon issued by the state will also affect the price of manganese and silicon.