Futures end: the main 05 contract of ferrosilicon closed 6612, up 0.33%, up 22, a day to reduce the position 5884 lots; Spot end: ferrosilicon bidding in March, waiting for the price of river steel. Main production areas 72 iron silicon natural block cash including tax factory 6200-6300 yuan/ton, 75 iron silicon natural block 6900-7100 yuan/ton. Anyang traders market 72 iron silicon natural block excluding tax price 6050-6100 yuan/ton, 75 iron silicon natural block excluding tax around 6400 yuan/ton.
In terms of supply, the overall Lancarbon market is running smoothly today, and individual enterprises in the market adjust the ex-factory price according to their own shipments, and the price is slightly lowered. Fugu market medium and small material mainstream price 930-1150 yuan/ton.
The southern steel plant began to enter the procurement in March, March 5, a steel mill in Yunnan silicon iron bidding price 6860/6870 yuan/ton, the quantity of 350 tons /350 tons, 60% cash + half a year 20% commercial commitment + half a year 20% silver commitment including tax to the factory. Hesteel issued a tender notice on Friday to wait for its pricing. Just need to superimpose the growth of traders’ demand, the market mentality has been adjusted.
In general, this week, iron silicon inventory continued to rise, but the domestic blast furnace still exists to resume production plan, is expected to be further higher molten iron production, at the same time because the current steel mill began to purchase in March, traders just need to purchase can also maintain the liquidity of iron silicon, iron silicon prices have some support, also need to pay attention to the policy situation after the national meeting, it is expected that iron silicon or shock operation.
