Ferrosilicon Market Report December 2014
2015-01-20 18:16:44 【Print】
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Chinese ferrosilicon market was slack and saw slow buying activities and sliding prices in December
. Although some producers reduced production, the supply in the market was still abundant . As it was near the end of the year, producers were willing to accept price declines under the poor demand and fierce competition, because they were anxious to withdraw money to pay for the loan back to the bank and the electricity fee . Turning to the Chinese ferrosilicon export market, overseas buyers began to negotiate purchases for Q1 in 2015, the market was more active . But a number of buyers still watched the market, waiting for the number of ferrosilicon export tariff in 2015 . In addition, along with the sliding Chinese domestic prices, the Chinese ferrosilicon export prices also dropped.