Ferrosilicon: Spot price of ferrosilicon was weak and stable today. The pressure on the ferrosilicon market has intensified, the momentum of the demand side is not enough, the supply side is insufficient, the trend of the disk is weak, the market mentality is still continuing to weaken, and the enthusiasm of ferrosilicon enterprises to produce is depressed. The ferrosilicon market is difficult to find strong support in the short term, and the industry is expected to be pessimistic in the future, and the ferrosilicon market is expected to maintain a weak and stable trend
Silicon metal: Silicon metal prices continue to maintain stability forward, with the recent two days of futures prices fell, the market rational sentiment gradually returned, although the southwest silicon plant operating rate gradually declined, but the overall supply and demand bias imbalance pattern has not yet reversed, the market real single transaction is also mainly based on just need, downstream procurement operations are generally relatively cautious.
Magnesium metal: The metal magnesium market showed a stable decline, although some magnesium plants still have a stable price sentiment, but the demand side release performance is still poor, a small number of transactions are mainly based on just need to operate, and the price psychology is still relatively obvious, supply and demand stalemate and game situation intensified again, traders cautious wait and see the atmosphere to take the upper hand, in the oversupply situation is difficult to improve. More operators are slightly less confident about the future market.
Electrolytic manganese: electrolytic manganese market again fell slightly under pressure, steel at home and abroad once again suffered an unexpected setback, including a new round of electrolytic manganese steel steel bidding CFR price down to $1750 / ton, the industry for the future market weak sentiment heating up, some just need to purchase price pressure psychology has increased, the overall market mentality and mood weaker performance, manganese price to meet the threshold risk test in the short term.
