Apr. 2, 2025: Ferrosilicon Latest News
Apr 02, 2025
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Apr. 2, 2025: Ferrosilicon Latest News(6672, -28.00, -0.42%): Tuesday, ferrosilicon futures center of gravity shifted slightly upward, the main contract closed at 5984CNY/tonne, up 0.37%, the main contract position fell by 4248 lots. 72 ferrosilicon summary price of about 5650-5850CNY/tonne, basically flat compared with the previous day. Recent black plate volatility, the overall trend of the black plate yesterday, ferrosilicon futures center of gravity shifted slightly upward, rose behind. Fundamentally, the support is still relatively limited, prices are low, the main producing areas in accordance with the immediate profit measurement, into a comprehensive loss, manufacturers reduce production willingness to increase, but the mindset is still more contradictory, the follow-up need to pay close attention to the main producing areas to reduce production. Demand-side view, April steel trick one after another, due to the factory cost upside down, so the offer and willingness to ship is not strong, inventory gradually accumulated, supply and demand pattern is still to be improved. From a comprehensive point of view, short-term market sentiment driven by ferrosilicon futures prices have a certain drive, but the fundamentals can not support the resonance upward, is expected to short-term ferrosilicon rebound height is limited, the whole is still treated as a shock idea, the follow-up continued to pay attention to the main production areas to reduce the production situation.
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