[Ferro-Alloys.com] 

[Spot Market] In the short term, the policy of energy consumption restrictions and electricity price adjustment in the main production areas will continue to support the strong operation of ferrosilicon spot market (market news shows that some furnaces below 12500 / 25000kVA in large factories may be shut down), which will also stimulate the production enthusiasm of enterprises in other regions to a certain extent. According to the research of Ferro-alloys.com, the current market procurement is gradually active, and the factory's order arrangement and pre-sale situation is good. Most of the large factories in Northwest China say that the standard blocks, especially the 75# standard, are getting tighter. Although the steel bidding in March has not been launched yet, it will lead to further concentrated release of demand (many steel mills had abundant inventory before the year and were not in a hurry to purchase). Under multiple positive factors, ferrosilicon market is generally optimistic, wait-and-see, bullish mood is gradually strong, and manufacturers are willing to keep the price strong. Focus on policy trends, new round of steel bidding progress, futures market trend, changes in supply and demand relationship in main production areas, etc.

[Ferrosilicon Futures 2105 Contract] Opening price of ferrosilicon futures 2105 contract of this week was 7,218, highest price was 7,998, lowest price was 7,162, closing price was 7,796 and the settlement price was 7,712. The trading volumes were 1,377,264 and the positions were 157,855.

• [Editor:kangmingfei]