The 2201 ferrosilicon contract price on ZCE closed at 8330 yuan per ton on December 17.

This week, the domestic ferrosilicon market continued to operate weakly.

Refined nickel production in January-September totalled 2.043mn t, while apparent demand was 2.151mn t.

The opening price of 2201 main contract of ferrosilicon futures in December was 11360, the closing price was 8626, the settlement price was 8726, an decrease of 22.55%.

The domestic ferrosilicon market stopped falling and rebounded in the early stage of this week.

This week, Chinese domestic market price of electrolytic manganese metal fell. At present, the ex-work price include value added tax (VAT) was RMB 41,000 to 42,000 /mt in southern areas such as Hunan, Chongqing, Guangxi and Guizhou province and the northern la...

This week, the domestic ferrosilicon market was still depressed.

Uncertainty about European ferro-alloy supply is causing market participants to lock in higher volumes under long-term contracts.