Silicomanganese futures close at 8668 on Mar.7

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Asia rests hopes on Iran's early return to douse oil price blaze

Since November 2021, the ferrosilicon futures fluctuated frequently, but showed a slow upward trend.

The 2205 ferrosilicon contract price on ZCE closed at 9204 yuan per ton on March 4.

Most of capital goods monitored by the Chinese government registered lower prices in mid-February compared with early February, official data showed Thursday.

Prices briefly retreated after 24 February.