1. The price of raw materials necessary for the production of ferrosilicon.
Because ferrosilicon is a ferroalloy that is processed and synthesized from silicon, iron and coke as raw materials, its price is naturally affected by the prices of raw materials such as iron, silicon and coke. Therefore, the fluctuation in the price of raw materials for the production of ferrosilicon will affect the fluctuation in the price of ferrosilicon.
2. Ferrosilicon production.
The production volume of ferrosilicon also has a certain impact on the price of ferrosilicon, which determines the supply of ferrosilicon in the market. When the production volume is greater than the market demand, the price of ferrosilicon will drop; when the production volume is less than the market demand, the price of ferrosilicon will decrease. will rise.
3. Import and export volume.
The import and export volume of ferrosilicon in our country will also affect the price of domestic ferrosilicon.
4. Electricity price factors.
Producing 1 ton of ferrosilicon consumes about 9,000 kilowatt hours of electricity, and 90% of the cost of producing ferrosilicon is electricity. Every time the electricity price fluctuates by one cent, the cost of ferrosilicon fluctuates by about 100 yuan per ton, so the electricity costs in various regions of our country Differences and fluctuations in electricity costs will directly affect changes in ferrosilicon prices.
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