Products Description
The ferrosilicon market is showing a temporary stable operation trend, however, beneath this seemingly stable surface, there are many key points worth exploring in depth.
From an industrial perspective, silica and blue charcoal remain stable, which to some extent provides a relatively stable foundation for the production of ferrosilicon. However, it is worth noting that there have been slight fluctuations in electricity bills in different regions. Although the impact of such fluctuations on manufacturer profits is not significant at present, it is still a factor that requires close attention. At the current price level, the profits of ferrosilicon manufacturers are quite considerable, which directly leads to a continued rebound in the enthusiasm for construction. The data shows that the daily average production of 136 independent ferrosilicon enterprises in China reached 16105 tons, an increase of 460 tons compared to the previous period, which undoubtedly adds weight to the market supply.
demand side
However, when we turn our attention to the demand side, the situation is not so optimistic. Currently in the off-season at the terminal, coupled with the impact of hot and rainy weather, it may further exacerbate the negative feedback on the industrial chain. Moreover, with the reduction of electricity bills in the south, cost support has also shifted downwards. The current inventory level is neutral, but there is still an expectation of supply increment for ferrosilicon, which puts some pressure on prices.
In this situation, the future trend of the ferrosilicon market becomes even more uncertain. On the one hand, substantial profits and a resurgence in production enthusiasm from manufacturers will bring more supply; On the other hand, the pessimistic demand and changes in cost support have also constrained prices.
contact
ZHENAN INTERNATIOANL CO., LTD
Tell: +8615896822096 (WhatsApp)
Email: info@zaferroalloy.com
Website: www.metal-alloy.com
Address: Huafu Office Building, Anyang, Henan province, China.
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