The 2201 silicomanganese contract price on ZCE closed at 7924 yuan per ton on November 22.

China ferrosilicon (>55%) exports up 102.92% YoY in October 2021.

China ferrosilicon (≤55%) exports up 9.23% YoY in October 2021.

This week, the domestic ferrosilicon market was still depressed.

The 2201 silicomanganese contract price on ZCE closed at 8114 yuan per ton on November 19.

The 2201 ferrosilicon contract price on ZCE closed at 8318 yuan per ton on November 19.

The October output represented 5.5-percent growth from the same period in 2019, the NBS said.

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