Futures end: the main 09 contract of ferrosilicon closed at 6596, a range of -2.63%, down 178, a daily increase of 6405 lots; Spot end: iron silicon market sentiment is weak, consumption drag down iron silicon expectations, the main producing areas 72 iron silicon natural block cash including tax factory 6350-6450 yuan/ton, 75 iron silicon prices at 6900-7000 yuan/ton.

Supply side: The iron silicon plate continued to fall, driving the spot price of most producing areas to fall, and the market trading atmosphere is relatively cold. Profit margins continue to shrink, the current high production of ferrosilicon, individual manufacturers have maintenance production reduction plans. Shenmu market carbon price temporarily stable operation, the price of medium material 880-920 yuan/ton, small material price 855-900 yuan/ton, coke surface mainstream price 650-720 yuan/ton, all factory price cash including tax.

Downstream: At present, the steel market is still in the off-season of consumption, and under the influence of adverse weather such as high temperature typhoons, the demand side is difficult to have a better performance. At present, the overall situation of downstream traders is relatively general, mostly on-demand procurement, although the current market price has been at a low level, but the actual transaction has not improved. Today, the metal magnesium market gradually recovered after rising, and market transactions gradually followed. 99.90% magnesium ingot Shaanxi mainstream factory cash including tax 17800-17900 yuan/ton, the transaction price is about 17800-17850 yuan/ton. Shanxi Wenxi magnesium ingot mainstream factory cash including tax 18000-18100 yuan/ton, other regions also follow the adjustment.

In general, the off-season terminal demand performance has always been weak, superimposed during the transition period of new and old standard steel bars, resulting in general terminal demand, short-term market trends are difficult to change. The future market of ferrosilicon with a cautious attitude to look at, ferrosilicon prices or narrow fluctuations to adjust the operation of the main.