China ferrosilicon 2023 years market

In December, ferrosilicon continued to fall slightly, market news frequently, one is LAN carbon continued to fall, the second is ferrosilicon production is still high, the third is Inner Mongolia, Ningxia power rationing, four is Qinghai environmental protection, etc., although there are long and short factors, but the real impact of power rationing and environmental protection is limited, ferrosilicon lacks strong positive support, the contradiction between supply and demand highlights, the market lacks confidence, the disk performance is weak, The spot price fell slightly, and the mainstream market price at the end of the month was 72#1180$, 75#1280$/ ton of cash natural block factory, down 20$/ ton from November. Import and export market 

According to customs data, in November 2023, China's export volume of ferrosilicon containing more than 55% silicon was 31630.541 tons, an increase of 3676 tons from October, an increase of 13.15% from the previous month. Compared with the same period last year, 34174.184 tons decreased by 2543.643 tons, down 7.44%. From January to November 2023, the total export of 355,700 tons, a decrease of 256,500 tons compared with the same period last year, a decrease of 41.9%. In November 2023, China's export volume of ferrosilicon containing less than 55% silicon was 2678.55 tons, an increase of 755.23 million tons from October, an increase of 39.27% from the previous month. Compared with 2,897,314 tons in the same period last year, a decrease of 2.187,600 tons, down 7.55%. Imports: In November 2023, China's imports of ferrosilicon with silicon content greater than 55% were 8570.785 tons, an increase of 252.637 tons from October, an increase of 3.04% from the previous month. An increase of 1,869.12 tons from the same period last year, an increase of 27.89%. From January to November 2023, the cumulative import of 55,871 tons. The main import countries in November are: North Korea 6960.235, Russia 1512 (tons) month market is mainly concerned about factory starts and downstream winter storage, if the operating rate is still high, ferrosilicon will maintain a depressed operation, if the production reduction increases, or will be a smooth transition.

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