Focusing on the change of supply-demand relationship, the change of ferrosilicon production cost (including freight condition), futures market trend and the new round of steel bidding.

The 2101 ferrosilicon contract price on ZCE closed at 6472 yuan per ton on December 18.

Some analysts feel iron ore prices have been spurred on by recent speculative demand.

Ordos Ferrosilicon Production in Jan-Oct

In Jan-Oct, Ordos City, Inner Mongolia, China, has produced 507.02 million tons of raw coal, a decrease of 14.2 year on year.

The 2101 ferrosilicon contract price on ZCE closed at 6332 yuan per ton on December 17.

The 2101 ferrosilicon contract price on ZCE closed at 6414 yuan per ton on December 15.

The border port of Ceke in north China's Inner Mongolia Autonomous Region has witnessed coal imports of about 10.06 million tonnes this year, local authorities said.