This afternoon, ferrosilicon futures prices rose sharply, at one point to 7328 yuan / tonne, and then narrowed some of the gains held steady above 7200 yuan / tonne, an increase of more than 4 per cent. Since Wednesday, ferrosilicon prices have risen for three days in a row, basically recovering all the decline since mid-March.
"Click to see more SMM metal spot historical prices
Guotai Junan Futures pointed out that the current price trend of double silicon lacks the direct trend support of the fundamentals. The sharp decline in positions validates the logical assumption that prices have been driven by the departure of empty positions. Driven by the pullback trend of the previous low support level, the upward trend of double silicon is expected to continue slightly. However, from the performance of the basis near the delivery month, the space for the upward price and the duration of the trend need to be considered. Ferrosilicon may rise and fall later, hovering in the current position. However, there is still some room for the price of manganese silicon to fall back, and the market is cautious and wait-and-see mood is strong.
![[SMM Tin nhanh Crom] Thỏa thuận tiềm năng Valterra-Northam có thể định hình lại cục diện tinh quặng crom Nam Phi](https://imgqn.smm.cn/usercenter/qbMSp20251217171722.jpeg)
![Lợi ích từ việc cắt giảm sản lượng hiện thực hóa khi xu hướng giá tương lai và giá giao ngay phân kỳ; giá silicon kim loại vẫn giằng co [Báo cáo tuần ngành silicon SMM]](https://imgqn.smm.cn/usercenter/aNMzb20251217171724.jpg)
![Giá ADC12 tăng nhiều tuần liên tiếp, lợi nhuận cải thiện và nhu cầu phục hồi nhẹ [Điểm tin hàng tuần nhôm phế liệu và nhôm thứ cấp]](https://imgqn.smm.cn/usercenter/wUnEn20251217171722.jpeg)
