Prediction
China exports 379353.177 tons of ferrosilicon (Si>55%) in Jan-Dec 2023
China exports 379353.177 tons of ferrosilicon (Si>55%) in Jan-Dec 2023. |
Weekly Report of Ferrosilicon Market (Jan 15-19, 2024)
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This week, the ferrosilicon futures market continued to fluctuate at a low level, leading to a lack of confidence in the spot market. |
Ferrosilicon Futures close at 6690 on January 18, down 0.12%
The total trading volume of 2403 contract on the exchange was 102388 lots, with a turnover of about 3413.1102 million yuan. |
Ferrosilicon Futures close at 6646 on January 17, down 0.54%
The total trading volume of 2403 contract on the exchange was 164876 lots, with a turnover of about 5521.3345 million yuan. |
Ferrosilicon Futures close at 6694 on January 15, down 0.30%
The total trading volume of 2403 contract on the exchange was109611 lots, with a turnover of about 3676.0423 million yuan. |
Merafe reports a 22% drop in chrome production for 2023
Chrome producer Merafe has reported that its attributable ferrochrome production from the Glencore Merafe Chrome Venture in the fourth quarter ended December 31 was 75 000 t, compared with the 97 000 t produced in the fourth quarter of 2022. |
Weekly Report of Ferrosilicon Market (Jan 8-12, 2024)
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During the traditional off-season, the demand has further weakened. |
BMI lowers outlook for nickel price
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Research firm BMI has revised downward its nickel price forecast for this year to $20 000/t from $20 600/t as the market remains in a supply glut. |
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Weekly Report of Ferrosilicon Market | |
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