Ferrosilicon Market Report February 2017
2017-03-14 11:42:21 【Print】
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In February, because of large stocks in spot market, prices for ferrosilicon mainly kept moving down. By the end of the month, the prices moved down by around RMB350/t from the end of last month
In February, export prices for Chinese ferrosilicon declined by USD80/t from the end of last month. The market saw lower transaction volume this month as the overseas demand was weak . Industry insiders predicted that in March the export price for ferrosilicon would go up because overseas demand would increase.
. Because current prices stand lower than the cost, industry insiders forecasted that the price for ferrosilicon would increase in March.In February, export prices for Chinese ferrosilicon declined by USD80/t from the end of last month. The market saw lower transaction volume this month as the overseas demand was weak . Industry insiders predicted that in March the export price for ferrosilicon would go up because overseas demand would increase.