GLOBAL FERRO-SILICON SNAPSHOT: Thin spot inventories bolster Chinese, EU prices

November 21, 2020 / www.metalbulletin.com / Article Link

Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday November 20.

China Continuing tight spot availability and higher raw material costs underpinned the domestic spot market, with prices narrowing upward, breaking nine weeks of stability. The most-traded January ferro-silicon contract price on the Zhengzhou Commodity Exchange closed at 5,890 yuan ($896) per tonne on November 18, compared with 6,000 yuan per tonne in the previous week. The export market jumped on the strengthened domestic...

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