On Thursday, the Futures rebounded, and the market sentiment eased to some extent, leading to a small upward in spot prices.

The spot price of 72# ferrosilicon did not change much, and the price of 75# ferrosilicon declined due to the weakening of the downstream magnesium metal market.

This week, the ferrosilicon market maintained stable. The Futures market fluctuated after last week's rise.

The Ferrosilicon Futures rose straightly this week.

The traditional peak season of "September-October" is nearing the end, 75 # ferrosilicon was relatively strong under the support of magnesium metal market.

However, the tender price was lower in the later stage, and the volume was reduced.

Most of the capital goods monitored by the Chinese government posted lower prices in late September compared with mid-September this year, official data showed Sunday.

In October, the tender price of ferrosilicon of HBIS Group rose 650 CNY/T month on month to 8850 CNY/T, which greatly improved the market confidence.