This week, the mainstream transaction price of ferrosilicon 72%min in the Chinese market remained unchanged due to the cost of raw materials: due to active transactions in the downstream market, the mainstream transaction price of 75%min ferrosilicon in the Chinese market rose this week.
Due to the stability of domestic prices, the mainstream export price of China’s ferrosilicon 72%min remained unchanged at the beginning of this week, and then dragged down by weak overseas demand, the price turned from stable to falling. Driven by rising domestic prices, 75% of China’s mainstream export prices of ferrosilicon rose this week.
This week, the mainstream transaction price of 70% min ferrosilicon in the Indian market remained weak and stable due to the light market transaction.
This week, the mainstream transaction price of ferrosilicon 75%min in the European market showed a weak and stable trend, which was consistent with last week.
This week, due to the sluggish demand in the spot market, the mainstream transaction price of ferrosilicon 75%min in the US market is mainly stable.
This week, the mainstream transaction price of 65%min ferrosilicon in Russia remained unchanged, and the mainstream export price also remained stable.
