The 2209 ferrosilicon contract price on ZCE closed at 7584 yuan per ton on August 19.

In addition, the cost of electricity and scrap steel affected the commencement of steel plants, thus suppressing the demand for ferrosilicon.

前20持仓增减不一，8月19日表现持买仓量小于持卖仓量。

The 2209 ferrosilicon contract price on ZCE closed at 7498 yuan per ton on August 18.

According to Fastmarkets MB, benchmark 62% Fe fines imported into Northern China were changing hands for $110 a tonne Monday morning, up 2.7%

Output of raw iron ore in China in July 2022 down 3.5% YoY.

Output of steel in China in July 2022 down 5.2% YoY.

Output of ferroalloys in China in July 2022 down 6.9% YoY.