Ferrosilicon Market Report February 2017
2017-03-14 11:42:21 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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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. 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.
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.
