At present, the market lacks positive factors and the futures continued to decline, as well the spot price continued to decline.

The 2205 ferrosilicon contract price on ZCE closed at 8604 yuan per ton on May 12.

The 2205 ferrosilicon contract price on ZCE closed at 8820 yuan per ton on May 11.

The 2205 ferrosilicon contract price on ZCE closed at 8730 yuan per ton on May 10.

The 2205 ferrosilicon contract price on ZCE closed at 9144 yuan per ton on May 9.

Among them, 43681.90 tons of ferrosilicon were imported from China, 3683 tons from Russia, 2956.3 tons from Malaysia and 1463 tons from Vietnam.

South Korea imports 3,992.0 tons of ferrosilicon (Si≤55%) from January to March 2022.

After returning from the May Day holiday, the ferrosilicon futures continued to decline rapidly.