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75 ferro silicon price remain high
20
Apr

75 ferro silicon price remain high

Ferrosilicon manufacturers quotation to maintain a firm operation, this morning the mainstream quotation 72 10000-10200, 75 11500-12000 yuan / ton cash natural block factory, 75 is still due to tight supply, the increase is obvious, the big factory quotation is basically at 75 12000 yuan / ton cash. Qualified block 72 10200-10500 yuan / ton cash factory.

Futures rose, factory quotations rose, coupled with the recent logistics is still not smooth, capacity decline freight rates rose, this week's steel mill bids between 11000-11250 yuan / ton, compared with last Friday's pricing of Shagang, Kungang continues to rise.

In general: ferrosilicon market prices are closely related to the rise and fall of futures, and if there is no large fluctuation in futures in the near future, spot prices are expected to remain high.