Nickel price trend on October 28th

The 2101 ferrosilicon contract price on ZCE closed at 5792 yuan per ton on October 28.

China's export of ferrosilicon (silicon content > 55%) was 17546.036 tons, an increase of 24.8% month on month and a decrease of 21.68% year-on-year.

Our society faces pressure on long term sustainability from many sources.

From January to September 2020, China exported 13771.185 tons of ferrosilicon (silicon content ≤ 55%), a year-on-year decrease of 42.42%.

In September 2020, China's export of ferrosilicon (silicon content ≤ 55%) was 1303.5 tons.

China ferrosilicon (>55%) exports down 27.61% YoY in Jan-Sep.

The 2101 ferrosilicon contract price on ZCE closed at 5778 yuan per ton on October 27.