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Since the end of March, the futures market has continued to rise, injecting confidence into the long sluggish ferrosilicon market.

The total trading volume of 2406 contract on the exchange was 893492 lots, with a turnover of about 31763.9799 million yuan.

This week, the futures market saw a slight consolidation, and with increased support on the cost side, the released demand for replenishment from steel mills before the holiday, the spot price operated firmly.

China exports 74387.171 tons of magnesium metal in Jan-Mar, 2024.

China exports 30318.115 tons of magnesium metal in March, 2024.

China exports 63901.418 tons of silicon metal in March, 2024.

China exports 165274.899 tons of silicon metal in Jan-Mar, 2024.

The total trading volume of 2406 contract on the exchange was 169081 lots, with a turnover of about 5698.1788 million yuan.