Ferrosilicon Market Report May 2015
2015-06-23 09:12:19 【Print】
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The Chinese ferrosilicon demand rebounded in May with more buying activities
. More and more traders entered the market to store ferrosilicon in advance, thus leading to a tighter supply . Producers raised the prices accordingly . The prices for ferrosilicon 72%min showed downward tendencies at first due to producers' financial strain and competition and then went up, and those for ferrosilicon 75%min increased slightly driven by the tight market supply . Meanwhile, although the Chinese domestic ferrosilicon prices increased, the export prices decreased again under the sluggish demand . It's hard for Chinese ferrosilicon exporters to reach deals influenced by the active detour shipment market.