Ferrosilicon Market Report September 2014
2014-10-16 16:23:44 【Print】
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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. 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. As for the Chinese ferrosilicon export market, badly influenced by the active smuggling market, the spot market witnessed few new deals. In order to maintain clients, exporters accepted price declines in the end of September.













