Summarize
Monthly Report of Ferrosilicon Market in October, 2023
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Steel tender prices continued to decline; The metal magnesium market was also relatively weak, with difficult demand releasing, and the market sentiment was relatively low. |
Ferrosilicon Futures close at 7046 on November 1, up 0.57%
The total trading volume of 2312 contract on the exchange was 127650 lots, with a turnover of about 4484.4397 million yuan. |
Ferrosilicon Futures close at 7056 on October 31, down 0.84%
The total trading volume of 2312 contract on the exchange was 193305 lots, with a turnover of about 6770.2995 million yuan. |
Ferrosilicon Futures close at 7130 on October 30, up 0.73%
The 2312 ferrosilicon contract price on ZCE closed at 7130 yuan per ton on October 30. |
Ferrosilicon Futures close at 7038 on October 24, up 0.80%
The 2312 ferrosilicon contract price on ZCE closed at 7038 yuan per ton on October 24. |
Ferrosilicon Futures close at 7006 on October 23, up 0.60%
The 2312 ferrosilicon contract price on ZCE closed at 7006 yuan per ton on October 23. |
Ferrosilicon Futures close at 7050 on October 16, down 0.42%
The 2312 ferrosilicon contract price on ZCE closed at 7050 yuan per ton on October 16. |
Weekly Report of Ferrosilicon Market (Oct 9-13, 2023)
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Downstream support was insufficient, and the speed of ferrosilicon shipment has slowed down, leading to a growing cautious wait-and-see sentiment. |
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