This week, ferrosilicon was weak at first and then strong. At the beginning of the week, the market was sluggish, downstream just needed to purchase, market inquiries and transactions were deserted, factory profits narrowed, furnaces for maintenance increased, factories in Inner Mongolia, Gansu, Qinghai and other places shut down, and the supply of ferrosilicon continued to show a downward trend. Shenmulan Coal Group issued a notice of production restriction and price protection, indicating that the semi-coke market is weak and the company is in a state of continuous loss. All companies immediately limit production and reduce production to below 35%. / ton, coke surface 1000 yuan / ton, coal tar (heavy) 4200 yuan / ton. One is that the supply of ferrosilicon has declined, the other is that Shenmulan Coke has limited production and guaranteed prices, and the third is that there are rumors in the market that Wuzhong City has an energy consumption warning. The market rose significantly on Friday, closing at 8084 points, a single-day increase of 242 points, and market inquiry activity increased.
forecast for next week
The silicon factory is in the state of inventory reduction, and the manufacturer's inventory is transferred to the delivery warehouse. At the end of next week, steel bidding will start in April. Pay attention to the pricing of subsequent steel bidding. After the spot market rises, the factory's low quotation will decrease.
