The 2109 ferrosilicon contract price on ZCE closed at 8,276 yuan per ton on June 17.

The 2109 ferrosilicon contract price on ZCE closed at 8210 yuan per ton on June 16.

A Japanese ferro-silicon import price assessment will serve as an additional indicator to provide the market with a more comprehensive picture of the ferro-silicon market in Asia.

China’s domestic magnesium price increased sharply after authorities in Zhongwei - a key ferro-alloy production hub in Ningxia Hui Autonomous Region - issued a production cut notice due to high energy-consuming enterprises on Thursday June 3.

There has been reduced domestic production in Europe since Ferroglobe idled its production in late 2019, with only a small amount of output having been brought back onstream since then, sources said.

The 2109 ferrosilicon contract price on ZCE closed at 8414 yuan per ton on June 15.

Weekly Report of Ferrosilicon Market (6.7-6.11)

Ferroalloys Futures Daily Report (06/11/2021).