05/01/2026
Ferrosilicon market week 19–26/09/2025
Date 29-09-2025 Views 164
This week, the ferrosilicon futures market experienced volatile fluctuations, while spot prices remained stable with a slight increase. At the beginning of the week, the rise in semi-coke prices strengthened cost support for ferrosilicon, leading to volatile movements in the futures market. Downstream buyers seized opportunities to fix prices and make purchases, though the pre-holiday stocking atmosphere was generally subdued, with transactions maintaining a routine pace. Due to continued tight supply of Ferrosilicon 75#, the Shaanxi region once again raised its quoted prices to 6,150-6,200 CNY/Ton, and other production areas gradually followed suit with price adjustments. By the end of the week, market prices were reported at 5,250-5,400 CNY/Ton for 72# and 6,000-6,200 CNY/Ton for 75# ferrosilicon (ex-work by cash, natural lumpy), with the price of 75# increasing by 50-150 CNY/Ton.
|
Spec. |
Sep 19 (CNY/Ton) |
Sep 26 (CNY/Ton) |
Region |
Change |
|
75 |
6000 |
6100-6150 |
Inner Mongolia |
↑125 |
|
75 |
5900-6000 |
6000-6100 |
Ningxia |
↑100 |
|
75 |
5950-6000 |
6000-6050 |
Gansu |
↑50 |
|
75 |
5950-6000 |
6000-6100 |
Qinghai |
↑75 |
|
75 |
6000-6050 |
6150-6200 |
Shaanxi |
↑150 |
|
72 |
5350-5400 |
5350-5400 |
Inner Mongolia |
-- |
|
72 |
5400-5450 |
5350-5450 |
Ningxia |
↓25 |
|
72 |
5350-5400 |
5300-5400 |
Gansu |
↓25 |
|
72 |
5250-5350 |
5250-5350 |
Qinghai |
-- |
|
72 |
5200-5300 |
5200-5300 |
Shaanxi |
-- |
|
65 |
5100-5150 |
5100 |
Inner Mongolia |
↓25 |
Steel Bidding:
|
Date |
Company |
Spec. |
Price |
Change |
Quantity (ton) |
|
22-Sep |
JISCO |
Low-Al(Si≥72% Al≤0.1% C≤0.04%) |
6710 |
↓170 |
66 |
|
22-Sep |
JISCO |
Ultra LC(Si≥70% C≤0.03%) |
6250 |
↓200 |
140 |
|
22-Sep |
Xinyu Steel |
75B |
5800 |
↑20 |
800 |
|
22-Sep |
ZENITH(Changzhou) |
75B |
5850 trade acceptance |
↑50 |
600 |
|
23-Sep |
Jinshenglan |
75B |
Jiangsu 5680 Cash |
-- |
33 |
|
23-Sep |
Jinshenglan |
75B |
Hubei 5670 Cash |
↓40 |
750 |
|
23-Sep |
Jinshenglan |
75B |
Guangdong Heyuan 5860 Cash |
↓40 |
200 |
|
23-Sep |
Jinshenglan |
75B |
Guangdong Yunfu 5860 Cash |
↑20 |
700 |
|
23-Sep |
Longteng Special Steel |
7980 |
↓420 |
32 |
|
|
24-Sep |
Kunming Steel |
75B |
6130 |
↑250 |
500 |
|
24-Sep |
Shandong Rizhao |
75B |
5680 Cash |
↓60 |
550 |
|
26-Sep |
Zhejiang Yuanli |
75B |
5898 |
↑78 |
400 |
Export market this week: Domestic ferrosilicon prices remain relatively firm, with export offers at FOB 72#1,050-1,070 USD/Ton and 75# 1,120-1,150 USD/Ton, up by 10 USD/Ton. At the ports, Russian ferrosilicon 75# is quoted at 1,090 USD/Ton, an increase of 10-20 USD/Ton. Malaysian ferrosilicon 75# is priced at 1,060-1,070 USD/Ton CFR Japan. Chinese ferrosilicon exports currently lack a competitive advantage. In India, the price for ferrosilicon 70# stands at 86,000-90,000 Rs/Ton, with no changes for now.
Downstream market: Magnesium metal: This week, magnesium metal prices initially fell before stabilizing, with transaction prices concentrated between 16,600 and 16,700 CNY/Ton. With the approach of the long holiday, despite relatively weak end-user demand, downstream demand continued to surge, prompting an improvement in inquiries and trading volume at the start of the week. However, the market settled into a more passive position later in the week, with a wait-and-see approach prevailing.
Next week’s forecast: From a cost perspective, semi-coke prices have stabilized after this week's price increase. With electricity price adjustments in focus, costs remain relatively supportive. From a supply perspective, this week saw both production resumptions and furnace maintenance, resulting in minimal fluctuations in daily output. From a demand perspective, downstream manufacturers maintained regular purchases ahead of the holiday, resulting in fewer stockpiles. With the upcoming holiday next week, market fluctuations are expected to be minimal
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