Ferrosilicon: affected by the continuous decline in the downstream magnesium price, the price of ferrosilicon 75 was passively moved down again; The price of iron silicon continues to run weakly and steadily, and there have been no obvious signs of fluctuations for more than two weeks, market transactions are generally performed, and the pace of steel mill bidding and procurement is slow
Price for your reference :
FESI 72 FOB 1140-1170 USD/TON,
FESI 75 FOB 1200-1230USD/TON
Magnesium metal: The magnesium metal market continues to stabilize in the negative decline, downstream demand has not seen significant signs of improvement, the overall supply and demand is biased towards the imbalance adjustment is slow, the market is relatively lacking obvious positive factors, the number of new orders is not large, and the transaction is still relatively flat
Price for your reference :
Mg ingot 99.9% FOB 2320-2350 USD/TON
Silicon metal: With the news of production cuts in the northwest, the end of last week’s futures prices closed sharply up, and the opening of the beginning of the week continued a strong rising rhythm, providing certain strong support to the plate, but the impact of the spot market has not yet appeared, and the industry is still cautious about the future market.
Price for your reference :
Silicon metal 553 FOB 1590-1630USD/TON
Silicon metal 441 FOB1630-1660USD/TON
Electrolytic manganese: although the price of electrolytic manganese bottomed out slightly last week, but the overall price growth space is relatively limited, after all, the price increase depends on news, sentiment and confidence level, the overall supply and demand fundamentals have not yet significantly substantive changes, for the market continued to rise to support the power is not good, industry sentiment is more cautious.
Price for your reference :
Manganese Flakes 99.7% FOB 1680-1710USD/TON
