September 18, 2024: Ferrosilicon Latest News
Sep 18, 2024
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Last week, the silicon iron market fluctuated. The Lan Carbon Enterprise of the Fugu Market has raised prices one after another, and cost support is shifted up. The profit of the manufacturer has narrowed, the maintenance reduction of maintenance in Ningxia's main production areas has increased, the market supply has decreased, and the mentality is cautious. In terms of demand, the number of bidding for 75B silicon iron in Hegang in September was 2501 tons, a decrease of 35 tons from the previous round; the metal magnesium market was affected by the news. In terms of supply this week, in terms of supply, Silicon Iron FES75-B Absolute Price Index (Week): 6115.5cny/ton, a month-on-month decrease of 0.97%. The cost is shifted. The market is cautious and the output has declined. According to statistics, 136 independent silicon -iron enterprise samples across the country: the operating rate (production capacity utilization rate) nationwide 38.84%, a decrease of 0.82%from the previous period; the average daily output was 15,481 tons, an increase of 241 tons from the previous period. In terms of demand, Heang September Silicon Iron Tendering Inquiry 6200CNY/ton, a decrease of 430cny/ton from the previous month. The demand for the five major steel sidewalks (the sample accounts for 70%of the total demand for the total silicon iron): 18248.5 , Increased by 1.40%from the previous week. Recently, the steel mills are concentrated in bidding, the downstream de -rellers improve, the transaction of steel has improved, the demand for alloy has improved, the space below the silicon iron is narrowed, and the upward continuous continuity needs to pay attention to the seasonal consumption of subsequent steel. Strategic suggestions: The main contract of Silicon Iron is strong, and the Japanese MACD index shows that the green kinetic pillar is narrowed. It is recommended to maintain the shocking ideas in the operation. Pay attention to the support of the 5 -day moving average. Please pay attention to risk control.
