Ferrosilicon Market Report April 2015
2015-05-25 09:18:42
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The Chinese ferrosilicon market witnessed limited buying activities and sliding prices in April.Asian Metal Copyright Under the inventory and financial pressure, producers were forced to accept price declines and were pessimistic towards the future trend.Asian Metal Copyright Under the sluggish downstream market, end users, in order to avoid holding excessive inventories and occupying more money, only made purchases in small volumes to maintain the basic need, so the Chinese ferrosilicon domestic demand showed no signs of rebounding.Asian Metal Copyright Although the strict checks in China-Vietnam borders resulted in the decreased supply, overseas buyers were in no hurry to rebuild stocks through normal trading channel and only held wait-and-see attitudes towards the market.Asian Metal Copyright Under the inventory and financial pressure, producers were forced to accept price declines and were pessimistic towards the future trend.Asian Metal Copyright Under the sluggish downstream market, end users, in order to avoid holding excessive inventories and occupying more money, only made purchases in small volumes to maintain the basic need, so the Chinese ferrosilicon domestic demand showed no signs of rebounding.Asian Metal Copyright At the same time, the Chinese ferrosilicon export market continued to be weak.Asian Metal CopyrightThe Chinese ferrosilicon market witnessed limited buying activities and sliding prices in April.Asian Metal Copyright Although the strict checks in China-Vietnam borders resulted in the decreased supply, overseas buyers were in no hurry to rebuild stocks through normal trading channel and only held wait-and-see attitudes towards the market.Asian Metal Copyright Under the sluggish downstream market, end users, in order to avoid holding excessive inventories and occupying more money, only made purchases in small volumes to maintain the basic need, so the Chinese ferrosilicon domestic demand showed no signs of rebounding.Asian Metal Copyright Exporters, in spite of the thin profits, reduced their prices to attract clients and make deals, but received little effect.
.Asian Metal Copyright Exporters, in spite of the thin profits, reduced their prices to attract clients and make deals, but received little effectAsian Metal Copyright
