Will the price of ferrosilicon in China rise or fall?

Due to the continuous delay in procurement inquiries, the price of ferrosilicon in China is currently stable.

The trend of spot prices of ferrosilicon is limited and still in a stagnant state. The purchasing willingness of steel companies has slightly decreased, leading to a sluggish market in the previous week. Traders are trying to earn some income by selling ferrosilicon, but buyers are not in a hurry to purchase.

This results in the actual price of ferrosilicon remaining unchanged due to weak market demand, and it seems unlikely to see any significant improvement in the near future.

As the off-season continues, the demand for ferrosilicon will continue to weaken. Therefore,Hainan West Asia Group predict that the price of ferrosilicon will remain unchanged with slight fluctuations.