September ferrosilicon summary

According to customs data, the top ten regions of China's ferrosilicon exports in August were: Japan 8724.69, South Korea 4265.28, Mexico 2421.88, Indonesia 1854.554, India 1645, Thailand 1431, Turkey 1352.2, China Taiwan 940, the United Arab Emirates 778.83, Chile 755(tons). China's exports of ferrosilicon in August increased by 12.06% month-on-month. In August 2023, China's exports of ferrosilicon with silicon content greater than 55% were 27900.512 tons, an increase of 3002.22 tons from July, an increase of 12.06% month-on-month. Today, the market of ferrosilicon is running smoothly, and the factory quotation has no significant change, maintaining at 72#1240$, 75#1330, and yuan/ton cash natural block factory. Futures rose to 7776 points yesterday, mainly due to the rise in raw material coke, coal price control. And drive the change of metal magnesium, magnesium ingot prices continue to rise small, in general: the recent price adjustment is relatively fast, high price procurement is relatively cautious, short-term attention to market transactions follow up