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.

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.

As for the downstream, KISC took the lead in releasing the tender price of 75B ferrosilicon in February, which was 9050 yuan per ton.

Driven by many factors, the ferrosilicon futures market rose rapidly this week, which led to the increase of spot quotation, greatly boosted market confidence.