Ferrosilicon international market trend analysis 2007

United Kingdom (metal Herald Studies) (MBR) has recently released a report that, in recent years because of the market demand to remain brisk, thereby stimulating international bulk ferroalloy prices tend to rise so strong. Recently the European Rotterdam spot market 75% ferrosilicon Silicon delivery price per ton improved to 20-30 U.S. dollars per ton 8 90-950 dollars later, the market outlook is increasingly strong. Especially in the light of the EU might of China, Russia, Kazakhstan, Egypt and Macedonia and other countries, anti-dumping investigations, which will support the market demand and purchase; and this may lead to a new EU anti-dumping in recent years is mainly due to unusually active market demand and prices continue to rise . And it is estimated the first half of the year despite not necessarily anti-dumping, but if the effect of retrospective, Therefore European consumers worry about the end of the normal supply order : In addition, as a result of the Asian freight increase Each of these standard containers from 50 dollars to 70 dollars, and the trend is still upward trend. Ferrosilicon market also contribute to the further rise.
First quarter of this year, Lattice European ferrosilicon piece tonne increased 60 euros to 800-820 euros, but because of the rise in the second quarter further 810-850 euros. Meanwhile, as China strongly control of energy-intensive industries and smelters home the rising costs, Ferrosilicon prices so as to stimulate the rise. And the spot market in the United States tends to firm prices. Warehouse delivery prices reached 960-990 U.S. dollars per ton. Japan's recent import prices per ton increased 20 dollars to 845 U.S. dollars per tonne CIF.
Statistics show that in 2006 the world's ferrosilicon consumption reached 3.77 million tons, than the 9.5% growth in 2005 with the European (including the CIS) to 115 million tons of 6.3% Asia (including China) to 205 million tons in 12.9%, North America for 355,000 tons, remained at the previous year's level, and other parts of 21.5 million tons rose just 1.9% compared to 2006 Global ferrosilicon production capacity of 3.625 million tons, than in 2005 rose by 1.4% thus make the world supply and demand situation ferrosilicon from the 2005 surplus to 132,000 tons into a deficit in 2006 of 145,000 tons. And the European market prices from the first quarter of 2006, the average 777 U.S. dollars per ton to the continuing rise in the fourth quarter of nine 35 dollars, for a total increase of 20.3%. The average price for the whole year in 2005 from 779 U.S. dollars per ton to 870 U.S. dollars in 2006. increase of 11.7%.
Estimated that in 2007 global consumption of ferrosilicon continued growth of 3.1% to 3.885 million tons. Europe increased slightly with 1.16 million tons, a 4.9% growth in Asia further to 2.15 million tons, North American growth of 1.4% to 360,000 tons, and other areas remained in 215,000 tons. It is expected that in 2007 the global output of ferrosilicon will grow 7% to 3.88 million tons. Evidently. Global volume Ferrosilicon supply shortfall will be reduced to only 5,000 tons. The corresponding average annual price will drop to 826 U.S. dollars. However, the first quarter of this year reached 910 U.S. dollars, the second quarter fell to 880 U.S. dollars. further dropped to the third quarter of 795 U.S. dollars and the fourth quarter fell to 720 U.S. dollars continued.