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The overall stable operation of ferrosilicon at the beginning of the week
The market resumed at the beginning of the week, and the mainstream prices of the ferrosilicon market were concentrated at 72#7400-7600, 75#7700-7900, and 65#7200 yuan/ton in natural cash blocks. , manufacturers said that the rhythm of transactions has improved compared with July, but there is still a lack of large orders.
This morning, the prices of manufacturers in Qinghai and Gansu regions were at 72#7500-7600 yuan/ton in cash, and the factory's production has not changed significantly, and the inventory has decreased compared with July. Shanxi 72# 7400-7500, 75# 7700-7800 yuan / ton of cash natural block leaves the factory, the price of raw coal rises, the price of blue carbon small material increases by 50-100 yuan / ton, and the ex-factory price is 1400-1480 yuan / ton. The pace of resumption of production in Ningxia Zhongwei is slow. Inner Mongolia 75#7700-7900, 72#7500-7600, 65#7200 yuan / ton cash natural block factory. Cash in Anyang area is 72#7100-7200 yuan/ton without tax.
In terms of metal magnesium: the market resumed at the beginning of the week, and the market price of magnesium ingots rose. The price of the main producing factory was raised to 23,000 yuan/ton in cash, up 600 yuan/ton from Friday. The highest transaction on the weekend was 22,700 yuan/ton in cash, and the transaction at 23,000 yuan/ton needs to wait and see the market performance today.
In general: the steel recruitment in August will come to an end, and the on-site diagnosis of Qinghai Energy Conservation is in the investigation stage, and the production of manufacturers will not be affected for the time being. In the hot summer period, some southern provinces make electricity for people's livelihood, and enterprises take high temperature vacations, and it will take time to repair the demand. As far as the ferrosilicon market is concerned, it is expected to remain stable and fluctuate slightly in the short term.