Ferro silicon domestic and foreign prices

This week's domestic ferrosilicon, after the beginning of the week rose to maintain stable operation, the mainstream price is concentrated in 72 9600-9800, 75 10900-11000 yuan / ton cash natural block factory, the overall spot of the manufacturer is tight, maintain order production, the market low-price goods are difficult to find. Futures fell significantly at the beginning of the week, and then maintained volatility, with no breakout up and down. This week's steel bidding bid is between 10450-10500 yuan / ton, and cash acceptances are available.

In terms of the export market, with the rise in domestic prices, the export quotation has also been raised, and the current quotation is at FOB72 2050-2100, 75 2250-2300 US dollars / ton, and exporters said that the export transaction in April was slower than the same period in March. Indian ferrosilicon prices loosened slightly, 70 180000-185000 rupees / ton, down 5000 rupees / ton from last week, market demand performance is not good, prices are loose and falling. The US market was 75 at 2.85-2.9 US dollars / lb, a slight increase from last week. Europe 75 4000 euros / ton.

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