Ferrosilicon temporarily stable operation

The ferrosilicon market is running smoothly, the mainstream quotation of the factory is maintained at 72# fob 1230$, 75#1300$, and the cash natural block is delivered. In the middle of this year, the market is dominated by delivery. Manufacturers deliver orders, and most maintain scheduling production. Delivery warehouse shipments are OK, continue to reduce inventory. In the first half of September, the market price of ferrosilicon rose from 72#fob1210$, 75# FOB 1270$at the beginning of the month to the current 72#FOB 1230$, 75#fob1300$/ ton, with an increase of 72# 20$/ ton. One factor for the price increase is the rise in the raw material charcoal, which pushes the cost upward. Orchid carbon rose from 150$/ ton at the beginning of the month to 180$/ ton. Second, black futures rebounded, and market sentiment improved. Third, steel prices rose in September, supporting the increase in market prices. 75# Because the discontinued magnesium plant has not resumed production, demand remains low, prices are more difficult to rise, and low prices are reduced, but the mainstream price has not been significantly adjusted.
In general: after the autumn steel recruitment is determined, the market has no other news stimulus, the futures trading range is limited, and the spot surface is temporarily stable. For more information about the dynamics of ferrosilicon, please pay attention to Hainan West Asia Import and Export
ferrosilicon

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