China exports 296124.146 tons of ferrosilicon (si>55%) from January to September 2023.

China exports 26185.293 tons of ferrosilicon (si>55%) in September 2023.

China exports 2362.132 tons of ferrosilicon (si≤55%) in September 2023.

The 2312 ferrosilicon contract price on ZCE closed at 7050 yuan per ton on October 16.

Downstream support was insufficient, and the speed of ferrosilicon shipment has slowed down, leading to a growing cautious wait-and-see sentiment.

The 2311 ferrosilicon contract price on ZCE closed at 7166 yuan per ton on October 12.

The 2311 ferrosilicon contract price on ZCE closed at 7340 yuan per ton on October 9.

The spot price of ferrosilicon was supported by the rising cost of raw materials, and the tender price was higher than market expectations, further driving up positive sentiment.