๐Ÿ“ก์™ธ์‹  ์Šคํฌ๋žฉ(๊ตญ์ œ ์ •์น˜ ๊ฒฝ์ œ ํ•™๊ณ„ ์—…๊ณ„ ๊ถŒ์œ„์ž ๊ต์ˆ˜ ํ•™์ž ์ด๋™์›)
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์„ธ๊ณ„ ์ตœ๊ณ ์˜
์ง€์ •ํ•™, ๊ตญ์ œ์ •์น˜, ๊ฒฝ์ œํ•™ ์ „๋ฌธ๊ฐ€ ์ „๊ฒฉ ์ดˆ๋น™์œผ๋กœ
๋ฒˆ์—ญ ์„ฑ๋Šฅ ๊ทน๋Œ€ํ™”

ํ•ด๋‹น ์ฑ„๋„ ๋ชจ๋“  ๋ฐ์ดํ„ฐ๋Š” ์ •ํ™•์„ฑ ๊ฒ€์ฆ ์—†์Œ.
ํˆฌ์ž ์ฑ…์ž„์€ ๋ณธ์ธ์—๊ฒŒ ๊ท€์†.
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๋ฏผ๊ฐ„ ๋ฌด์ธ๊ธฐ ๋ถํ•œ ์นจํˆฌ ์‚ฌ๊ฑด์˜ ํ•ต์‹ฌ ํ”ผ์˜์ž ์ค‘ ํ•œ ๋ช…์ธ ์žฅ ๋ชจ ์”จ๊ฐ€ ์œค์„์—ด ์ •๋ถ€ ๋•Œ์ธ 2023๋…„ ์ •๋ถ€ ์ง€์›๊ธˆ์„ ๋ฐ›์•„ ๋ฌด์ธ๊ธฐ์™€ ๊ด€๋ จํ•œ ๊ฐ์ข… ์—ฐ๊ตฌ๋ฅผ ์ง„ํ–‰ํ–ˆ๋˜ ์‚ฌ์‹ค์ด ํ™•์ธ๋์Šต๋‹ˆ๋‹ค.

์œค์„์—ด ์ •๋ถ€์—์„œ ์ง€์›๊ธˆ์„ ์ง€๊ธ‰ํ•˜๊ธฐ ์‹œ์ž‘ํ•œ ์‹œ์ ์€ ์žฅ ์”จ๊ฐ€ โ€˜๋ฌด์ธ๊ธฐ ๋Œ€ํ•™์›์ƒโ€™ ์˜ค ์”จ ๋“ฑ๊ณผ ํ•จ๊ป˜ ๋Œ€๋ถ ์นจํˆฌ์šฉ ๋ฌด์ธ๊ธฐ ์ œ์ž‘์‚ฌ์ธ โ€˜์—์Šคํ…”์—”์ง€๋‹ˆ์–ด๋งโ€™์„ ์„ค๋ฆฝํ•˜๊ธฐ ๋ฐ˜ ๋…„ ์ „๋ถ€ํ…๋‹ˆ๋‹ค.

์ด๋ฒˆ ๋ฌด์ธ๊ธฐ ์‚ฌ๊ฑด์˜ ๋ฟŒ๋ฆฌ์— ์œค์„์—ด ์ •๋ถ€๊ฐ€ ์žˆ๋Š”์ง€ ์ฒ ์ €ํžˆ ์ˆ˜์‚ฌํ•ด์•ผ ํ•œ๋‹ค๋Š” ๋ชฉ์†Œ๋ฆฌ๊ฐ€ ์ด์–ด์ง€๋Š” ๊ฐ€์šด๋ฐ ์ด๋“ค์˜ ์—ฐ๊ด€์„ฑ์„ ์˜์‹ฌ์ผ€ ํ•˜๋Š” ์‚ฌ์‹ค์ด ๋‰ด์Šคํƒ€ํŒŒ ์ทจ์žฌ๋ฅผ ํ†ตํ•ด ์ถ”๊ฐ€๋กœ ๋“œ๋Ÿฌ๋‚ฌ์Šต๋‹ˆ๋‹ค.

๐Ÿ“ฐ ๋” ์ž์„ธํ•œ ๋‚ด์šฉ์„ ๊ธฐ์‚ฌ๋กœ ํ™•์ธํ•˜์„ธ์š” : https://newstapa.org/article/orn0l
[Dukascopy] ๋…์ผ ์‚ฐ์—… ์ƒ์‚ฐ, ์˜ˆ์ƒ๋ณด๋‹ค ๋” ํฐ ํญ์œผ๋กœ ๊ฐ์†Œ
German Industrial Output Falls More Than Forecast

๋…์ผ์˜ ์‚ฐ์—… ์ƒ์‚ฐ์ด 12์›”์— ์˜ˆ์ƒ๋ณด๋‹ค ๋” ๋งŽ์ด ๊ฐ์†Œํ–ˆ๋‹ค๊ณ  Destatis์˜ ๊ธˆ์š”์ผ ์ˆ˜์น˜๊ฐ€ ๋ณด์—ฌ์ฃผ์—ˆ๋‹ค. ์‚ฐ์—… ์ƒ์‚ฐ์€ 12์›”์— ์ „์›” ๋Œ€๋น„ 1.9% ๊ฐ์†Œํ•˜์—ฌ 11์›”์˜ 0.2% ์ฆ๊ฐ€์—์„œ ๋ฐ˜์ „๋˜์—ˆ๋‹ค. ์ƒ์‚ฐ์€ 0.2% ๊ฐ์†Œํ•  ๊ฒƒ์œผ๋กœ ์˜ˆ์ƒ๋˜์—ˆ๋‹ค.
Germany's industrial production declined more than expected in December, figures from Destatis showed on Friday. Industrial output decreased 1.9 percent month-on-month in December, reversing a 0.2 percent rise in November. Output was forecast to drop 0.2 percent.

https://www.dukascopy.com/fxspider/7703642442263944778
[ING] FX Daily: Soft labour data holds back defensive dollar rally] - FX ๋ฐ์ผ๋ฆฌ: ๋ถ€์ง„ํ•œ ๊ณ ์šฉ ์ง€ํ‘œ๊ฐ€ ๋ฐฉ์–ด์  ๋‹ฌ๋Ÿฌ ๋ž ๋ฆฌ๋ฅผ ์ €์ง€ํ•˜๋‹ค
FX Daily: Soft labour data holds back defensive dollar rally

๋ฏธ๊ตญ ๊ธˆ๋ฆฌ๊ฐ€ ์ผ๋ถ€ ์™„ํ™”๋œ ๋…ธ๋™ ์‹œ์žฅ ๋ฐ์ดํ„ฐ์— ๋ฐ˜์‘ํ•˜๋Š” ๊ฒƒ์ฒ˜๋Ÿผ ๋ณด์˜€๋‹ค๋Š” ์ ์ด ์–ด์ œ ๋ˆˆ์— ๋„์—ˆ๋‹ค. ๋”ฐ๋ผ์„œ ์ด๋ฒˆ ์ฃผ ์—ฐ์ค€์˜ ์ตœ์ข… ๊ธˆ๋ฆฌ ์žฌ์กฐ์ •์œผ๋กœ ๋‹ฌ๋Ÿฌ์˜ ์ž ์žฌ์ ์ธ ๋ฐฉ์–ด์  ๋ž ๋ฆฌ๊ฐ€ ์•ฝํ™”๋˜์—ˆ๋‹ค. ์ด๋Š” ๋‹ค์Œ ์ฃผ ๋ฏธ๊ตญ ๊ณ ์šฉ ์ง€ํ‘œ ๋ฐœํ‘œ๊นŒ์ง€ ๋‹ฌ๋Ÿฌ๋ฅผ ์ทจ์•ฝํ•˜๊ฒŒ ๋งŒ๋“ค ์ˆ˜ ์žˆ๋‹ค. ๊ทธ๋ฆฌ๊ณ  ECB๋Š” EUR/USD์— ๋งŒ์กฑํ•˜๋Š” ๋“ฏํ•˜๋‹ค.
What was noticeable yesterday was that US interest rates did seem to react to some softer labour market data. This week's re-pricing lower of the Fed's terminal rate has therefore taken the sting out of a potential defensive rally in the dollar. This could leave the dollar vulnerable into next week's US jobs data. And the ECB seems comfortable with EUR/USD


https://think.ing.com/articles/fx-daily-soft-labour-data-holds-back-defensive-rally/
[SMM] SiMn ์„ ๋ฌผ์€ ํ•˜๋ฝ์„ธ๋ฅผ ๋ณด์˜€์œผ๋ฉฐ, ์‹œ์žฅ์—์„œ ๊ด€๋ง์„ธ๊ฐ€ ๊ฐ•ํ–ˆ๋‹ค.
SiMn futures fluctuated downward, with strong wait-and-see sentiment in the market [SMM Silicon Manganese Futures Review]

2์›” 6์ผ, SM2605 ๊ณ„์•ฝ์€ 5,880์œ„์•ˆ/ํ†ค์œผ๋กœ ์‹œ์ž‘ํ•˜์—ฌ 5,856์œ„์•ˆ/ํ†ค์œผ๋กœ ๋งˆ๊ฐํ•˜๋ฉฐ 0.48% ํ•˜๋ฝํ–ˆ์Šต๋‹ˆ๋‹ค. ์ผ์ผ ์ตœ๊ณ ๊ฐ€๋Š” 5,930์œ„์•ˆ/ํ†ค, ์ตœ์ €๊ฐ€๋Š” 5,850์œ„์•ˆ/ํ†ค์ด์—ˆ์Šต๋‹ˆ๋‹ค. ๊ฑฐ๋ž˜๋Ÿ‰์€ 206,300 ๋กœํŠธ์— ๋‹ฌํ–ˆ๊ณ  ๋ฏธ๊ฒฐ์ œ์•ฝ์ •์€ 359,017 ๋กœํŠธ์˜€์Šต๋‹ˆ๋‹ค. ์˜ค๋Š˜ SiMn ์„ ๋ฌผ์€ ์••๋ ฅ ์†์—์„œ ํ•˜๋ฝ์„ธ๋ฅผ ๋ณด์˜€์Šต๋‹ˆ๋‹ค.์›๊ฐ€ ์ธก๋ฉด์—์„œ ์ „๋ฐ˜์ ์ธ ๋ง๊ฐ„ ๊ด‘์„ ๊ฑฐ๋ž˜ ๊ฐ€๊ฒฉ์€ ์—ฌ์ „ํžˆ ๋†’๊ฒŒ ์œ ์ง€๋˜์—ˆ๊ณ  ์‹œ์žฅ์€ ์ผ์‹œ์ ์œผ๋กœ ์•ˆ์ •๋˜์–ด SiMn ํ•ฉ๊ธˆ ๊ฐ€๊ฒฉ์— ๊ฐ•๋ ฅํ•œ ์›๊ฐ€ ์ง€์›์„ ์ œ๊ณตํ–ˆ์Šต๋‹ˆ๋‹ค. 2026๋…„ ๋‚ด๋ชฝ๊ณจ๊ณผ ๋‚จ์ค‘๊ตญ์˜ ์ „๊ธฐ ์š”๊ธˆ์€ ํ•ฉ๊ธˆ ์›๊ฐ€๋ฅผ ์ธ์ƒ์‹œํ‚ฌ ๊ฒƒ์œผ๋กœ ์˜ˆ์ƒ๋˜์—ˆ์Šต๋‹ˆ๋‹ค. ์ด๋ฒˆ ์ฃผ SiMn ํ•ฉ๊ธˆ ์›๊ฐ€ ์ง€์›์€ ์•ˆ์ •์ ์œผ๋กœ ์œ ์ง€๋˜์—ˆ์Šต๋‹ˆ๋‹ค.๊ณต๊ธ‰ ์ธก๋ฉด์—์„œ ์ฃผ์š” ๋ถ๋ถ€ ์ƒ์‚ฐ ์ง€์—ญ์˜ ์‹ ๊ทœ SiMn ์šฉ๊ด‘๋กœ๊ฐ€ ์ ์ฐจ์ ์œผ๋กœ ์ฒ  ์ƒ์‚ฐ์„ ์‹œ์ž‘ํ•˜๋ฉด์„œ ํ‘œ์ค€ SiMn์— ๋Œ€ํ•œ ๊ณต๊ธ‰ ์••๋ ฅ์ด ์ฆ๊ฐ€ํ–ˆ์Šต๋‹ˆ๋‹ค. ์ค‘๊ตญ ์ถ˜์ ˆ์ด ๋‹ค๊ฐ€์˜ค๋ฉด์„œ ๋‚จ๋ถ€ ํ•ฉ๊ธˆ ๊ณต์žฅ์˜ ๊ฐ€๋™๋ฅ ์€ ์•ˆ์ •์ ์œผ๋กœ ๋‚ฎ๊ฒŒ ์œ ์ง€๋˜์—ˆ์œผ๋ฉฐ, ์ œ์กฐ์—…์ฒด๋“ค์€ ์ž„์‹œ ๊ฐ€๋™ ์ค‘๋‹จ์„ ์„ ํƒํ•˜๊ณ  ์—ฐํœด ์ดํ›„ ์ „๊ธฐ ์š”๊ธˆ ๊ฒฐ์ •์„ ๊ธฐ๋‹ค๋ฆฌ๋ฉด์„œ ๊ฐ•๋ ฅํ•œ ๊ด€๋ง์„ธ๋ฅผ ๋ณด์˜€์Šต๋‹ˆ๋‹ค. ํ˜„์žฌ SiMn์˜ ๋А์Šจํ•œ ๊ณต๊ธ‰ ์••๋ ฅ์ด ์ง€์†๋˜๊ณ  ์žˆ์Šต๋‹ˆ๋‹ค.์ˆ˜์š” ์ธก๋ฉด์—์„œ HBIS ๊ทธ๋ฃน์˜ 2026๋…„ 2์›” SiMn ๊ตฌ๋งค๋Š” ํ™•์ธ์„ ๊ธฐ๋‹ค๋ฆฌ๊ณ  ์žˆ์—ˆ์Šต๋‹ˆ๋‹ค. ํ˜„์žฌ SiMn ์‹œ์žฅ์€ ๋ณ€๋™ํ•˜๋Š” ์›€์ง์ž„์ด ์ง€์†์ ์œผ๋กœ ์ง€๋ฐฐํ•˜๊ณ  ์žˆ์Šต๋‹ˆ๋‹ค.
2. On February 6, the SM2605 contract opened at 5,880 yuan/mt and closed at 5,856 yuan/mt, down 0.48%. The daily highest price was 5,930 yuan/mt, and the lowest price was 5,850 yuan/mt. Trading volume reached 206,300 lots, and open interest stood at 359,017 lots. Today, SiMn futures fluctuated downward under pressure.
Cost side, overall manganese ore transaction prices remained high and the market was temporarily stable, providing strong cost support for SiMn alloy prices. In 2026, electricity prices in Inner Mongolia and south China were expected to likely increase alloy costs. This week, SiMn alloy cost support remained steady.
Supply side, newly added SiMn furnaces in the main northern production areas gradually started producing iron, increasing supply pressure for standard SiMn. With the Chinese New Year approaching, operating rates at southern alloy plants remained stably low, as manufacturers opted for temporary shutdowns and adopted a strong wait-and-see attitude, pending post-holiday electricity settlement prices. Currently, loose SiMn supply pressure persisted.
Demand side, HBIS Group's SiMn procurement for February 2026 awaited confirmation. The current SiMn market continued to be dominated by fluctuating movements.


https://news.metal.com/newscontent/103760353/simn-futures-fluctuated-downward-with-strong-wait-and-see-sentiment-in-the-market-smm-silicon-manganese-futures-review/
[SMM] ์ œ๋ จ์†Œ ๊ตฌ๋งค ์‹ฌ๋ฆฌ๊ฐ€ ์—ฌ์ „ํžˆ ๋‚ฎ๊ณ , TC๋Š” ์—ฌ๋Ÿฌ ์ง€์—ญ์—์„œ ์•ˆ์ •์„ธ๋ฅผ ์œ ์ง€ํ•˜๊ณ  ์žˆ์Šต๋‹ˆ๋‹ค. [SMM ์•„์—ฐ ์ •๊ด‘ ์ฃผ๊ฐ„ ๊ฒ€ํ† 
Smelter purchasing sentiment remains low, TCs hold steady in multiple regions [SMM Zinc Concentrates Weekly Review]

[์ œ๋ จ์†Œ ์กฐ๋‹ฌ ์‹ฌ๋ฆฌ๋Š” ๋‚ฎ๊ฒŒ ์œ ์ง€๋˜์—ˆ๊ณ , TCs๋Š” ์—ฌ๋Ÿฌ ์ง€์—ญ์—์„œ ์•ˆ์ •์„ธ๋ฅผ ์œ ์ง€ํ–ˆ๋‹ค]: ์ฃผ๊ฐ„ ๊ธฐ์ค€์œผ๋กœ SMM Zn50 ๊ตญ๋‚ด ์ฃผ๊ฐ„ TC ํ‰๊ท ์€ ๊ธˆ์† ํ•จ๋Ÿ‰ ๊ธฐ์ค€์œผ๋กœ ์ „์›” ๋Œ€๋น„ ๋ณ€๋™ ์—†์ด 1,500์œ„์•ˆ/mt๋ฅผ ๊ธฐ๋กํ–ˆ์œผ๋ฉฐ, SMM ์ˆ˜์ž… ์•„์—ฐ ์ •๊ด‘ ์ง€์ˆ˜๋Š” ์ „์›” ๋Œ€๋น„ $0.62/dmt ํ•˜๋ฝํ•œ $24.88/dmt๋ฅผ ๊ธฐ๋กํ–ˆ๋‹ค...
[Smelter procurement sentiment remained low, TCs held steady in multiple regions]: On a weekly basis, the SMM Zn50 domestic weekly TC average was flat MoM at 1,500 yuan/mt in metal content, while the SMM imported zinc concentrate index fell $0.62/dmt MoM to $24.88/dmt...


https://news.metal.com/newscontent/103760350/smelter-purchasing-sentiment-remains-low-tcs-hold-steady-in-multiple-regions-smm-zinc-concentrates-weekly-review/
[SMM] ์•„์—ฐ ์„ ๋ฌผ ๊ฐ€๊ฒฉ์ด ์ด๋ฒˆ ์ฃผ ์•ฝ์„ธ๋ฅผ ๋ณด์˜€๊ณ , ๊ฑฐ๋ž˜์ƒ๋“ค์€ ํ˜„๋ฌผ ์•„์—ฐ ์‹œ์„ธ๋ฅผ ์ธ์ƒํ–ˆ๋‹ค [SMM ์ƒํ•˜์ด ํ˜„๋ฌผ ์ฃผ๊ฐ„ ๋ฆฌ๋ทฐ].
Zinc futures prices weakened this week, and traders raised spot zinc quotations [SMM Shanghai Spot Weekly Review].

[์ด๋ฒˆ ์ฃผ ์•„์—ฐ ์„ ๋ฌผ์€ ๊ฑฐ๋ž˜์ž๋“ค์ด ํ˜„๋ฌผ ์‹œ์„ธ๋ฅผ ์ธ์ƒํ•˜๋ฉด์„œ ์•ฝ์„ธ๋ฅผ ๋ณด์˜€๋‹ค]: ์ด๋ฒˆ ์ฃผ ์ƒํ•˜์ด์˜ ํ˜„๋ฌผ ํ”„๋ฆฌ๋ฏธ์—„์ด ๋ฐ˜๋“ฑํ•˜์—ฌ ์ฃผ๊ฐ„ ํ‰๊ท  ๊ฐ€๊ฒฉ์ด ์ „์ฃผ ๋Œ€๋น„ 5์œ„์•ˆ/ํ†ค ์ƒ์Šนํ–ˆ๋‹ค. ๊ธˆ์š”์ผ ํ˜„์žฌ, ํ˜„๋ฌผ ๊ตญ๋‚ด ๋ธŒ๋žœ๋“œ ์•„์—ฐ์€ 2603 ๊ณ„์•ฝ ๋Œ€๋น„ 20์œ„์•ˆ/ํ†ค์˜ ํ”„๋ฆฌ๋ฏธ์—„์„ ๊ธฐ๋กํ–ˆ๊ณ , ๊ณ ๊ฐ€ ๋ธŒ๋žœ๋“œ์ธ ์†ฝ์–€์€ 2603 ๊ณ„์•ฝ ๋Œ€๋น„ 100์œ„์•ˆ/ํ†ค์˜ ํ”„๋ฆฌ๋ฏธ์—„์„ ๊ธฐ๋กํ–ˆ๋‹ค.
[This Week's Zinc Futures Weakened as Traders Raised Spot Quotes]: This week, spot premiums in Shanghai rebounded, with the weekly average price up 5 yuan/mt WoW. As of Friday, spot domestic brand zinc was at a premium of 20 yuan/mt against the 2603 contract, while the high-priced brand Shuangyan was at a premium of 100 yuan/mt against the 2603 contract.


https://news.metal.com/newscontent/103760348/zinc-futures-prices-weakened-this-week-and-traders-raised-spot-zinc-quotations-smm-shanghai-spot-weekly-review/