Ferrosilicon Market Analysis On June 26

Ferroalloy Spot Network reported on June 26:

Although the enthusiasm of some low-price sellers in the industry is not high due to the limited spot supply of enterprises and the production is mainly based on order placement, the futures market has fluctuated downward in the past two days, and the market price has dropped significantly.

In addition, the market demand is slightly general (some buyers have increased their enthusiasm for market purchases, which has an adverse impact on factory shipments, and under the influence of the "buy high, not buy low" sentiment, buyers' enthusiasm for purchasing needs to be improved), the news of resumption of production of enterprises in some regions continues to come out, and the terminal market performance is not good. Other negative information "drags" the recent ferrosilicon market weakly and the market quotation has loosened.