Ferrosilicon Market Report August 2014

In August, Chinese domestic ferrosilicon prices remained stable while export prices declined slightly. At the beginning of August, the market supply continued being tight as that of July, so producers raised their quotations for ferrosilicon up by RMB50/t (USD8/t).Asian Metal Copyright As for Chinese ferrosilicon export market, rare deals could be reached due to the impact of the summer and the few deals concluded could only be made at the lower sides of the mainstream price levels under the influence of detour shipments.Asian Metal Copyright However, although a few of the concluded prices increased slightly, the mainstream prices remained stable due to the constantly weak demand.Asian Metal CopyrightIn August, Chinese domestic ferrosilicon prices remained stable while export prices declined slightly.Asian Metal Copyright In mid-to-end of August, as some producers began to enlarge their outputs, the tight spot market was released.Asian Metal Copyright As for Chinese ferrosilicon export market, rare deals could be reached due to the impact of the summer and the few deals concluded could only be made at the lower sides of the mainstream price levels under the influence of detour shipments.Asian Metal Copyright As for Chinese ferrosilicon export market, rare deals could be reached due to the impact of the summer and the few deals concluded could only be made at the lower sides of the mainstream price levels under the influence of detour shipments.
.Asian Metal CopyrightIn August, Chinese domestic ferrosilicon prices remained stable while export prices declined slightlyAsian Metal Copyright