Ferrosilicon futures fluctuated upward this week, and the spot market was weak and stable.

This week, ferrosilicon futures fell first and then consolidated, returning to a rational range.

Ferrosilicon futures showed strong performance this week, with a sharp rise of 7.65% on Monday and the highest price breaking 10000 yuan per ton!

Since November 2021, the ferrosilicon futures fluctuated frequently, but showed a slow upward trend.

In February, the ferrosilicon spot market operated steadily under favorable factors.

The spot market in this week was relatively strong and stable, with little inventory pressure.

In the first working week of the Year of the Tiger, the ferrosilicon futures continued to fluctuate.

Although the Spring Festival is approaching and the market turnover is weakening, many people in the industry are optimistic about the market trend after the festival (especially after March).