【SMM Flash】Ferrosilicon Futures Market Declines with Stable Short-term Outlook

Published: Mar 27, 2025 16:45

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【SMM Flash】The ferrosilicon futures market fluctuated downward today. On March 27, the most-traded ferrosilicon contract hit a daily low of 5,982 yuan/mt and a high of 6,038 yuan/mt, closing at 6,022 yuan/mt, down 0.63% from the previous day. Recently, the tug-of-war between buyers and sellers has been evident, with the overall market maintaining a sideways movement. In the spot market, the operating rate in the main production areas has decreased due to narrowing profits, but supply remains relatively sufficient. Downstream purchasing enthusiasm is not high, and there is some price suppression sentiment. Considering production costs providing support, the spot ferrosilicon price is expected to remain stable in the short term.

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