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Supply of FeSi Remained Tight at the Beginning of Mid September in China

  • Friday, September 12, 2014
  • Source:ferro-alloys.com

  • Keywords:FeSi,Ferrosilicon,Supply,Demand,September,China
[Fellow]Supply of FeSi Remained Tight at the Beginning of Mid September in China

[Ferro-alloys.com] September bids of ferrosilicon didn’t drive much the ferrosilicon market in China, as most ferrosilicon producers were cautious about their quotations. But there were disorders in terms of quotations, with highest reaching RMB6000/mt and lowest being RMB5,750/mt for FeSi75#, ex-work tax-inclusive price by acceptance. But the mainstream market prices of ferrosilicon kept comparatively stable in main production regions. Some of Ningxia Hui-based ferrosilicon producers had improved rate of operation, large Gansu and Inner Mongolia-based producers had normal spot materials.

According to statistics of Ningxia Entry-Exit Inspection and Quarantine Bureau, the lots of ferrosilicon ranked the sixth and the value of ferrosilicon ranked the first in the exported commodities of Ningxia Hui Autonomous Region in August, 2014. In August, 23,572 mt of ferrosilicon were inspected, multiplying several times from August of 2013 (2,931 mt), with the failure rate being 20%25%.

  • [Editor:Phillip.Feng]

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