Ferrosilicon Market Report March 2015

Chinese ferrosilicon market continued to be slack and saw constantly sliding prices in March.Asian Metal Copyright Most end users who were consuming the stocks purchased before the Spring Festival just held wait-and-see attitudes towards the spot market, and delayed rebuilding stocks early in the month.Asian Metal Copyright Most end users who were consuming the stocks purchased before the Spring Festival just held wait-and-see attitudes towards the spot market, and delayed rebuilding stocks early in the month.Asian Metal CopyrightChinese ferrosilicon market continued to be slack and saw constantly sliding prices in March.Asian Metal Copyright Therefore, limited buying activities and excessive inventories could be seen in the Chinese ferrosilicon market.Asian Metal Copyright Meanwhile, along with the negotiations between overseas buyers and exporters for Q2 purchasing, Chinese ferrosilicon export market witnessed increasing number of inquiry and more buying activities.Asian Metal Copyright In the middle and late March, producers reduced the prices to clear stocks and withdraw money, but received little effect.Asian Metal Copyright But under the pressure from buyers and suppliers’ anxiousness to stimulate sales, Chinese ferrosilicon export prices declined.Asian Metal Copyright Some producers tried to keeping price firm by limiting output.Asian Metal Copyright But under the pressure from buyers and suppliers’ anxiousness to stimulate sales, Chinese ferrosilicon export prices declined.Asian Metal Copyright Meanwhile, along with the negotiations between overseas buyers and exporters for Q2 purchasing, Chinese ferrosilicon export market witnessed increasing number of inquiry and more buying activities.Asian Metal Copyright Some producers tried to keeping price firm by limiting output.Asian Metal Copyright But under the pressure from buyers and suppliers’ anxiousness to stimulate sales, Chinese ferrosilicon export prices declined.
.Asian Metal Copyright But under the pressure from buyers and suppliers’ anxiousness to stimulate sales, Chinese ferrosilicon export prices declinedAsian Metal Copyright