SunSirs: In the Short Term – Amine Catalysts https://www.newtopchem.com The Leading Supplier of China Amine Catalysts Mon, 27 Dec 2021 07:07:48 +0000 zh-CN hourly 1 https://wordpress.org/?v=6.1.7 https://www.newtopchem.com/wp-content/uploads/2023/12/1.jpg SunSirs: In the Short Term – Amine Catalysts https://www.newtopchem.com 32 32 SunSirs: In the Short Term, the Ferrosilicon Spot Market May Operate Stably https://www.newtopchem.com/archives/28491 Mon, 27 Dec 2021 07:07:48 +0000 http://www.newtopchem.com/archives/28491   Price trend

  On the 23rd, the mainstream price of 72 ferrosilicon in the main producing areas of Ningxia was around 8,100-8,300 RMB/ton.

  Analysis review

  Market pessimism also gradually emerged following the downward trend of futures.

  At present, the steel bidding in December is gradually ending, and the steel bidding has not yet started in January, and the market has no other news to stimulate and impact. The market is still waiting and watching. Uncertain factors such as raw material semi-coke and differences in electricity prices in various production areas and weak demand are still difficult to form a strong support for current market prices. The market news is relatively calm, and the mentality of factory shipments at high prices and downstream purchases at low prices are still in repeated games. The tightening of the supply side to adjust the market regulation of weak downstream demand still needs time to further improve. In view of the later trend, it is still needed to pay attention to the performance of the new round of steel bids and the trend of futures disk.

  Market outlook

  In the short term, the ferrosilicon spot market may operate stably.

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SunSirs: In the Short Term, the Ferrosilicon Market May Be Operating Weakly https://www.newtopchem.com/archives/26911 Wed, 22 Dec 2021 08:39:28 +0000 http://www.newtopchem.com/archives/26911 Price trend
On the 16th, the mainstream price of 72 ferrosilicon in Ningxia’s main production area was around 8,200-8,300 RMB/ton.
Analysis review
The long-awaited Hebei Iron and Steel Group’s December bidding price for ferrosilicon was finalized. The price was 8,600 RMB/ton, which was a reduction of 2,400 RMB/ton from the previous month, and the bidding volume was 398 tons, which was a decrease of 1,051 tons from the previous month. The current market direction is clear, but compared with last month, the bidding volume has fallen sharply, and the market pessimism is difficult to change. In addition, the futures market has been in a volatile operation, the spot performance is relatively stalemate, and the overall transaction is mainly based on just-needed purchases. At present, compared with November, the pressure on factory inventory has decreased, but the cost has risen after the electricity price has risen. Due to the cost pressure, the performance of the factory has been slightly resisted, and the price adjustment has been small.
Market outlook

In the short term, the ferrosilicon market m may be operating weakly.

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