Monthly Ferrosilicon Market Report May 2023
2023-06-13 08:28:29 【Print】
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1. Market Highlights
This month, Chinese ferrosilicon 72%min mainstream pric-es remained decreasing trend and declined due to de-creasing production costs and weak demand from the downstream early this month, mid this month and late this month. In the rest days of this month, the prices kept sof-ten . Given inactive downstream market and decreasing raw material prices, the mainstream prices of ferrosilicon 75%min in China moved down early this month and late this month . The prices remained flat during the mid two weeks supported by stable purchase.
This month, Chinese ferrosilicon 72%min mainstream pric-es remained decreasing trend and declined due to de-creasing production costs and weak demand from the downstream early this month, mid this month and late this month. In the rest days of this month, the prices kept sof-ten . Given inactive downstream market and decreasing raw material prices, the mainstream prices of ferrosilicon 75%min in China moved down early this month and late this month . The prices remained flat during the mid two weeks supported by stable purchase.