Ferrosilicon market is still in confusion today, and producers are confused for the development of ferrosilicon market. Ferrosilicon market offer is stable today: Ferrosilicon75# mainstream offer 6500-6700yuan/ton, ferrosilicon72#6300-6500yuan/ton. At present, the price is stable, but tending to be weak. Its offers are different, physical prices are also different, with normal inventory and low demand. The export price also dropped slightly, and FOB price is 1360-1380USD/ton. Influenced by Medium and Large Producers Internal Conference held by Tengda Northwest Ferroalloys Co., Ltd, some producers said they will be cautious about the offer before the announcement of official document, while a small part of producers improved 100yuan RMB/ton.

   Producers in Gansu and Qinghai area said they didn’t get the message about policy about cancelling preferential tariff yet, while some producers are not sure, so they ship out with current market price, 72#6300yuan/ton. Producers in inner Mongolia said that purchasers grew because of the policy change, but goods in circulation is not much. Some producers are producing by order, while others watching the market, so spot ferrosilicon is tight.