The ferrosilicon market has been running smoothly, with little change in price before the holiday.

The 2009 ferrosilicon contract price on ZCE closed at 5846 yuan per ton on May 8.

China's logistics prosperity index hit 53.6 percent in April, up 2.1 percentage points from the previous month.

In late April, the social inventory of 5 varieties of steel in 20 cities was 16.24 million tons.

The 2009 ferrosilicon contract price on ZCE closed at 5796 yuan per ton on May 7.

The 2009 ferrosilicon contract price on ZCE closed at 5782 yuan per ton on May 6.

In Q1, 2020, Japan imported 96494.598 tons of ferrosilicon (>55%), down by 8.7% YoY.

In the last ten days of April, the rise of futures market boosted some confidence in the spot market.