Mar. 21 2025: Ferrosilicon Latest News
Mar 21, 2025
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Mar. 21 2025: Ferrosilicon Latest News(6672, -28.00, -0.42%) : On Thursday, the focus of the ferrosilicon futures price moved up slightly, the main contract closed at 6,004 CNY/ ton, up 0.6% from the previous month, and the main contract holdings fell 8,714 lots from the previous month. The aggregate price of No. 72 ferrosilicon is about 5650-5850CNY/ ton, and the Ningxia region is down 30CNY/ ton from the previous trading day. Yesterday, the black plate rose and fell, and the center of gravity of the ferrosilicon futures price moved up slightly. Recently, the main production areas of ferrosilicon have been repaired and discontinued, which is expected to affect more than 500 tons per day, and the supply reduction has a certain boost to market sentiment. The demand side still needs to be improved, the price is weak, the market procurement is more cautious, the point price advantage is obvious. From the cost point of view, the price of small carbon is stable and the disturbance is limited. On the whole, the supply of ferrosilicon is reduced, the cost has some support, and the short-term trend is expected to be slightly better than manganese silicon, but under the overall weak black situation, it is expected to remain low in the short term, focusing on the reduction of production news and market sentiment changes.
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