Ferrosilicon market stable operation after the National Day

The ferrosilicon market maintained a stable operation, due to the strong atmosphere of the ferrosilicon market closure during the holiday, and the transaction was rare. The quotation of the factory was stable and there was no change for the time being, the mainstream was 72#1240$, 75#1320$. Although the raw material Lanchar declined during the holiday, the price of Lanchar increased again as the price of raw coal rose after the holiday. Iron silicon production continued to rebound, the second is that steel mills in poor demand, profits decline, production pressure increased. As a result, iron silicon futures fell slightly. In general: in the short term, the spot market is affected by the supply of goods on the plate, manufacturers are under pressure to accept orders, and the quotation is slightly loosened, but the price of raw coal is rising, and the cost of ferrosilicon is still resilient, and the possibility of a sharp fall is small. For more information about ferrosilicon, please pay attention to Hainan West Asia Import and Export Group.