Ferrosilicon Market Report October 2014
2014-11-17 09:01:56 【Print】
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In October, Chinese domestic ferrosilicon market was quiet with rare deals concluded
. During the first half of this month, in order to reduce stocks and withdraw fund, producers reduced their prices due to the constantly weak demand and oversupply . Traders only purchased the material according to firm orders and held no stocks to avoid losses . The majority of buyers held wait-and-see attitudes towards the future market . During the second half of October, slow buying activities in Chinese domestic market weighed down Chinese ferrosilicon prices . As for Chinese ferrosilicon export market, the constantly weak demand and sliding Chinese domestic prices resulted in the decline of Chinese ferrosilicon export prices.