China exports 5540.3 tons of ferrosilicon (Si≤55%) from January to March 2024.

This week, the futures market continued to rise, injecting confidence into the sluggish ferrosilicon market.

The total trading volume of 2406 contract on the exchange was 166156 lots, with a turnover of about 5543.0835 million yuan.

The total trading volume of 2406 contract on the exchange was 91264 lots, with a turnover of about 2995.0552 million yuan.

Nickel premiums stayed flat around the world amid quiet trading in the week to Tuesday April 9.

The total trading volume of 2405 contract on the exchange was 94480 lots, with a turnover of about 3087.5977 million yuan.

China produced 34.65 million tonnes of ferro-alloys in 2023, up by 1.4% from 34.17 tonnes in 2022, according to data from the country’s National Bureau of Statistics.

Since the end of March, the futures market has continued to rise, boosting industry confidence to a certain extent and showing signs of recovery in the spot market...