Ferrosilicon market is in slight concussion this week, and a lot of ferrosilicon manufacturers in 　　Gansu　　 province, Ningxia province, etc. are unloading cargos below cost in succession to pay the electricity charge, salaries of workers, and other urgent expense, which made ferrosilicon price drop further. The mainstream transaction price in these area is 72# 6200-6300yuan/ton, 75#6400-6500yuan/ton at present, while the offer of large ferrosilicon manufacturer is firm, because they have stable supply channels and clients. The export market is not optimistic, mainly because (1) Foreign steel mills launch equipment inspection and maintenance in succession, so their purchase volume significantly decline.(2) Domestic ferromolybdenum market is weak, coupled with increasing steel production cost (3) Export custom has increased. (4) export from CIS to 　Southeast Asia　 increased, which made foreign ferrosilicon competition more serious. It’s learned that ferrosilicon price dropped to 1300USD/ton. In general, ferrosilicon export market is not optimistic, with price at about 1370USD/ton.

   July, August, and September is slack season for ferrosilicon production and purchase, because of high temperature and low production volume of steel mills, coupled with energy conservation and emission reduction policy which eliminate small enterprises with backward production capacity, so ferrosilicon market is expected to rebound in October.