Ferrosilicon: ferrosilicon market weak low consolidation operation
According to the statistics of the General Administration of Customs, from January to October 2024, China’s ferrosilicon (silicon content >55%) exports accumulated about 354,000 tons, an increase of 29,900 tons (an increase of 9.22%). Main exporting countries: South Korea, Japan, Indonesia. Mexico, etc.
Price for your reference :
FESI 72 FOB 1150-1180 USD/TON,
FESI 75 FOB 1200-1230USD/TON
Magnesium metal: The price of magnesium metal is stable and slightly recovered, and the low-cost supply in the market has gradually decreased. The early price decline has caused more production to fall into losses and inverted conditions, and some enterprises have planned to reduce production or stop production maintenance, and it remains to be seen whether the market can further reverse to a better future
Mg ingot 99.9% FOB 2330-2350 USD/TON
Silicon metal: Silicon metal prices are stable under pressure, although the overall market trend is relatively calm recently, but the demand side of the driving force performance is still poor, the market real single enquiry and trading is still relatively light
According to the statistics of the General Administration of Customs, from January to October 2024, China’s main export countries of metal silicon: South Korea, the United Arab Emirates, Qatar, the United Kingdom, the Netherlands, Spain and so on.
Price for your reference :
Silicon metal 553 FOB 1580-1610USD/TON
Silicon metal 441 FOB1630-1650USD/TON
Electrolytic manganese: The release of electrolytic manganese by the demand side continues to be weak, the imbalance between supply and demand has not improved, and the capital chain is about to tighten at the end of the month and the end of the year, resulting in the real single transaction price falling again. The lack of obvious positive support factors in the market, resulting in the overall market continues to decline, and the industry is still worried about the future market
According to the statistics of the General Administration of Customs, from January to October 2024, China’s electrolytic manganese exports accumulated 306,000 tons, an increase of 30,000 tons (an increase of 10.83%) compared with 276,000 tons in January to October 2023. Among them, the main export countries are the Netherlands, Russia, Japan, India, South Korea, Brazil and so on
Manganese Flakes 99.7% FOB 1680-1710 USD/TON
