But the October exports fell by 15.5pc from a year earlier, according to preliminary customs data. January-October exports fell by 19.3pc from a year earlier to 44.43mn t.

January-October imports rose by 73.9pc from a year earlier to 17.71mn.

The 2101 ferrosilicon contract price on ZCE closed at 5886 yuan per ton on November 16.

Nickel price trend on November 16th

LME nickel price trend on November 13th

The 2101 ferrosilicon contract price on ZCE closed at 5916 yuan per ton on November 13.

This week's ferrosilicon market is still dominated by favorable factors.

Nickel ore market weekly comment(November 9th-November 13th): The prices of Laterite-Nickel ore was steady in this week