Prediction
Ferrosilicon Futures close at 6694 on January 15, down 0.30%
The total trading volume of 2403 contract on the exchange was109611 lots, with a turnover of about 3676.0423 million yuan. |
Merafe reports a 22% drop in chrome production for 2023
Chrome producer Merafe has reported that its attributable ferrochrome production from the Glencore Merafe Chrome Venture in the fourth quarter ended December 31 was 75 000 t, compared with the 97 000 t produced in the fourth quarter of 2022. |
Weekly Report of Ferrosilicon Market (Jan 8-12, 2024)
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During the traditional off-season, the demand has further weakened. |
BMI lowers outlook for nickel price
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Research firm BMI has revised downward its nickel price forecast for this year to $20 000/t from $20 600/t as the market remains in a supply glut. |
Ferrosilicon Futures close at 6708 on January 11, up 0.51%
The total trading volume of 2403 contract on the exchange was 116477 lots, with a turnover of about 39.5.7845 million yuan. |
Ferrosilicon Futures close at 6662 on January 10, down 0.54%
The total trading volume of 2403 contract on the exchange was 109491 lots, with a turnover of about 3653.5696 million yuan. |
Ferrosilicon Futures close at 6702 on January 9, down 0.80%
The number of warehouse receipts was 14328 (71640 tons), and 294 (1470 tons) were valid for the number of warehouse orders. |
Ferrosilicon Futures close at 6712 on January 8, down 0.44%
The total trading volume of 2403 contract on the exchange was 120759 lots, with a turnover of about 4078.4104 million yuan. |
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