Ferrosilicon Later Market Or Hold A Weak And Stable Operation Trend

The spot price of ferrosilicon is weak and stable, the futures trading is slightly fluctuating, the market pessimistic atmosphere is relatively strong, a large steel mill in the north in June ferrosilicon bidding inquiry price is 7200 yuan/ton, May pricing is 7580 yuan/ton, down 380 yuan/ton from May, some steel mills have opened the ferrosilicon bidding in June, but the price is generally lower than expected, the market is not confident in ferrosilicon at present, Weak sentiment, coupled with the overall weak supply and demand, under the continuous low price operation, the ferrosilicon manufacturers may expand the scope of stoppage maintenance in the later period, and it is expected that the later period will be weak and stable.