Ferrosilicon Market Report September 2014

In September, Chinese domestic ferrosilicon demand remained weak and export market kept quiet. At the beginning of the month, although a few of the tender prices increased slightly by around RMB40/t (USD7/t), the mainstream prices showed stable-oriented tendencies due to the soft demand and traders’ avoidance in making bulk purchases.Asian Metal Copyright At the beginning of the month, although a few of the tender prices increased slightly by around RMB40t USD7t, the mainstream prices showed stable-oriented tendencies due to the soft demand and traders’ avoidance in making bulk purchases.Asian Metal Copyright In mid-to-late September, Chinese ferrosilicon spot market saw rare deals and abundant supply, some small-scale ferrosilicon producers reduced their prices slighly to gain fund and reduce stocks.Asian Metal Copyright At the beginning of the month, although a few of the tender prices increased slightly by around RMB40t USD7t, the mainstream prices showed stable-oriented tendencies due to the soft demand and traders’ avoidance in making bulk purchases.Asian Metal Copyright As for the Chinese ferrosilicon export market, badly influenced by the active smuggling market, the spot market witnessed few new deals.Asian Metal Copyright As for the Chinese ferrosilicon export market, badly influenced by the active smuggling market, the spot market witnessed few new deals.Asian Metal Copyright In order to maintain clients, exporters accepted price declines in the end of September.
.Asian Metal Copyright At the beginning of the month, although a few of the tender prices increased slightly by around RMB40t USD7t, the mainstream prices showed stable-oriented tendencies due to the soft demand and traders’ avoidance in making bulk purchasesAsian Metal Copyright