Futures end: the main 09 contract of ferrosilicon closed 6878, a range of -0.06%, down 46, a single day increased 25251 lots; Spot end: ferrosilicon market sentiment is OK, marginal improvement in production and demand. Main production areas 72 iron silicon natural block cash including tax factory 6300-6500 yuan/ton, 75 iron silicon natural block 6800-6900 yuan/ton.
Supply side: ferrosilicon market stable operation mainly, ferrosilicon futures momentum weakened today, the market price upward momentum is slightly insufficient, conservative shipment is mainly before the holiday, most manufacturers have been oversold to a month, inventory pressure reduction, delivery pressure. There is no change in the raw material end, and the LAN carbon enterprises have no inventory, that is, under the background of production and sales, the LAN carbon market is running well.
Downstream: The recent steel recruitment is slow to enter, and the current price of the southern ferrosilicon steel acceptance including tax to the factory is around 7,000 yuan/ton. The market has recovered to a certain extent, the overall price of traders is stable, the actual transaction price is slightly adjusted according to the order, and the fluctuation is not very obvious. Today, the overall metal magnesium market shows a weak and stable operation trend, affected by demand, the market transaction is not ideal, and the mentality of buying up and not buying down makes the market waand-see atmosphere stronger, 99.90% magnesium ingot Shaanxi mainstream factory cash including tax offer 18000-18100 yuan/ton, the mainstream transaction price 18000 yuan/ton, Shanxi Wenxi magnesium ingot mainstream factory cash including tax 18100-18200 yuan/ton.
In general, the continuous upward momentum of ferrosilicon prices is not good, and the spot market is showing a trend of regional differentiation. The May Day holiday is approaching, and steel mills are slightly cautious in bidding. The market is generally cautious and weak after the holiday, and short-term ferrosilicon prices or narrow fluctuations are mainly.
