ferro silicon market

After the resumption of the market, the price of ferrosilicon market is weak and downward, the factory quotation is 72 9500-9700, 75 10800-11200 yuan / ton cash natural block factory, qualified block 72 9600-9800 yuan / ton cash, down 100-400 yuan / ton before the holiday, 75 fell significantly. Futures fell, the disk supply of low-priced outflows, the market wait-and-see atmosphere is strong, the downstream buy up does not buy down, the operation is cautious, the manufacturer said that the transaction is general, and the downstream price pressure is obvious.

Large steel mills basically completed the bidding before the holiday, the high price floated near 11,000 yuan / ton, and the later pricing was between 10300-10,500 yuan / ton.

Affected by the downward trend of the futures disk, the disk supply of low-price circulation, manufacturers deal with fewer orders, downstream just need to take goods, the price pressure is obvious, it is expected that the market will maintain weak operation in the short term.