Ferrosilicon Prices are Stable

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Ferrosilicon market this morning mainstream quotation 72 9600-9800, 75 10900-11000 yuan / ton cash natural block factory, the company shipped Zhongwei 05-230, Lanzhou 05-220. This week's resumption of the market, futures showed a downward trend, downstream manufacturers wait and see the market, 72 transaction rhythm is general, 75 supply is tight, magnesium plant purchase price maintained at 11,000 yuan / ton cash.
Gansu Jingtai logistics has been smooth, manufacturers said that only need to report, silica problem to solve the Price of Shenfu Lan carbon small material in 1700-1900 yuan / ton factory. With the increase in the price of ferrosilicon and the increase in profits, the factories overhauled in Qinghai, Shaanxi and other places resumed production in March, and 97 silicon in Gansu switched to ferrosilicon production.
Metal magnesium: the current magnesium ingot mainstream transaction in 38000-38500 yuan / ton cash, down 1500-2000 yuan / ton from yesterday, manufacturers said that the recent market transactions are light, yesterday afternoon there are manufacturers began to let the price of orders, magnesium ingot prices loose decline.
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