In February, the market of ferrosilicon was affected by the CNY holiday. The intention sales of factory was strong before the year. It was reluctant to backlog the stock during the CNY holiday, and the price declined. And as some enterprises were affected by pressures of capital and inventory, the transaction price is low. However, the price of the big factory is still unchanged after the CNY holiday. The overall market looks at the tender results of steel factories in March.