The market as a whole still looks good and ferrosilicon price is strong in the short term Ferrosilicon_Sina Finance_Sina.com

Source: China Securities Construction Investment Author: China Securities Construction Investment Futures

Research report text

【Points of view and strategies】

View:neutral

The overall market is still positive, and the number of days available for steel mill inventory is historically low. Replenishment will still increase demand chain improvement in stages, and the short-term price is relatively strong.

The price of steel offers in December is expected to increase slightly month on month,FerrosiliconThe main offer price may be at the first line of 8,750 yuan/ton, and the price of silicomanganese may be at the first line of 7,550 yuan/ton.

However, the supply of ferroalloy manufacturing enterprises has returned to a high level and they will face very high inventory pressure after the Spring Festival. You must be prepared to sell cover in advance to reduce the risk of inventory after the Spring Festival spring during the process of meeting steel mills’ replenishment demand.

To suggest:Wait and see in the short term.

【1. Ferroalloy Market Information】

【2. Ferroalloy Arbitrage Graph】

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