In recent week the FeSi price in Chinese market was stable. As the operating rate of FeSi was low,the producers expected the price would bottom out due to the reduced supply. Now the FeSi75# and 72# was quoted at RMB4950/mt and RMB4650/mt respectively.

In end May, the CaSi price in Chinese market was steady as Ca30、55 was offered at RMB9200-9400/mt and CaSi28/55 was RMB9000-9200/mt. The export price further declined as CaSi30/55FOB (Tianjin port) was USD1600-1620/mt and CaSi28FOB was USD1580-1600/mt.

Although EMM enterprises stopped producing, the price has difficulties to rise.

[Ferro-Alloys.com]Chinese APT transacted at RMB132,000-133,000/mt amid weak demand, but the deals were slim.

[Ferro-Alloys.com]Chinese FeW was offered at RMB146,000/mt by acceptance, as steel mill’s orders were steady.

[Ferro-alloys.com] In recent period, imported manganese ore quotation kept steady in China.

[Ferro-Alloys.com]Overseas moly oxide price kept steady with transaction price at USD 7.68/lbMo. Moly oxide suppliers did not want to sell out the products, while buyers had little buying interest, so both sides were stalemated.

[Ferro-Alloys.com] Last week, LME Nickel quotation trend became weak. On May 19th, the closing price of LME Nickel was USD12, 950/mt, which dropped below USD13, 000/mt and the price trend would continue to be weak in short term.