Macroeconomics 1. [Reverse Repo] On July 15, 2026, the People's Bank of China will conduct an outright reverse repo operation totaling 1.4 trillion RMB. The operation

Last week, the domestic ferrosilicon market continued its recovery-driven upward trend; after hitting a high, prices retreated slightly and entered a phase of consolidation at

Macroeconomics 1. [Boosting Consumption] The State Council has approved the "15th Five-Year Plan for Expanding Consumption." The goal is for the overall scale of the consumer

Macroeconomics 1. [PPI] National Bureau of Statistics: In June 2026, China's producer prices for manufactured goods rose by 4.1% year-on-year and fell by 0.3% month-on-month. Producer

Macroeconomics 1. [Foreign Exchange Reserves] Statistics from the State Administration of Foreign Exchange show that as of the end of June 2026, China's foreign exchange reserves

Price trend: Last week, the domestic ferrosilicon market snapped its continuous downward trend and shifted to a pattern of fluctuating recovery. Data from the SunSirs

Last week, the domestic spot market for ferrosilicon continued its downward trend, characterized by a pattern of initial consolidation followed by a renewed decline in

Macroeconomics 1. [MLF] The People's Bank of China (PBOC) will conduct a Medium-term Lending Facility (MLF) operation worth 500 billion RMB on June 25. Given that

Macroeconomics 1. [US PMI] The US S&P Global Manufacturing PMI (flash) rose to 55.7 in June, hitting a high since May 2022; the Services PMI (flash)

Price Trend Last week, the domestic spot market for ferrosilicon trended steadily downward. Data from the SunSirs commodity market analysis system shows that the market quote

Last week, domestic spot prices for ferrosilicon rose before falling back, entering a period of consolidation. Data from the SunSirs commodity market analysis system shows

Macroeconomics 1. [PPI] National Bureau of Statistics: In May 2026, China's producer prices for industrial products rose by 3.9% year-on-year and 0.5% month-on-month. Purchase prices for

The domestic ferrosilicon market is currently characterized by a complex interplay of supply-demand dynamics, costs, and profit margins. Operating rates and average daily output have

Last week, domestic spot prices for ferrosilicon saw a steady, albeit modest, rise. According to data from the SunSirs commodity market analysis system, the market

Price trend This week, spot prices in the domestic ferrosilicon market retreated, undergoing a slight correction. According to data from SunSirs' commodity market analysis system, the

Last week, spot prices in the domestic ferrosilicon market remained stable initially before surging and subsequently retreating. According to data from SunSirs' commodity market analysis

Macroeconomics 1. [Direct Green Power Connection] The National Development and Reform Commission (NDRC) and the National Energy Administration (NEA) have issued a *Notice on Matters Concerning

Since the beginning of this year, the futures market of industrial silicon has maintained a wide range of consolidation, fluctuating within the range of 8,000

Trend Analysis Domestic ferrosilicon market prices continued their upward trend. Throughout the week, the pace of price increases was distinct; aside from a brief correction on