SunSirs: Weekly Report of Ferrosilicon Market (5.22-5.26)
May 30 2023 09:43:49On May 29th, the benchmark price of ferrosilicon in SunSirs was 7018.57 RMB/ton, a decrease of -5.97% compared to the beginning of this month (7464.29 RMB/ton).
At the beginning of this week, ferrosilicon futures plummeted, mainly influenced by emotions such as coal black outside, with bears dominating. The spot price has decreased by 50-100 RMB/ton compared to last week.
According to the Commodity Market Analysis System of SunSirs, on May 19th, the market price of ferrosilicon (grade: FeSi75-B; particle size grade/mm: natural block) in Ningxia was around 7050-6950 RMB/ton, with an average market price of 7018 RMB/ton, an increase of 0.85% compared to the beginning of the week.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
- 2025-12-23 SunSirs: Ferrosilicon Futures Prices Turned Positive, and Spot Prices Saw a Slight Increase
- 2025-12-17 SunSirs: Major Steel Mills Were Proceeding Slowly with Their Bidding Processes, and the Ferrosilicon Market Was Experiencing a Slight Price Increase
- 2025-12-05 SunSirs: The Ferrosilicon Market in November Exhibited a Volatile Pattern of "Prices under Pressure but with Limited Declines"
- 2025-12-03 SunSirs: High Cost of Ferrosilicon, Difficult Price Adjustments, Awaiting Steel Mill Tenders
- 2025-11-26 SunSirs: The Spot Market for Ferrosilicon Weakened, Falling 1.24%
