Profits at industrial firms declined at a slower pace in April as production and sales rebounded amid the nationwide restoration of economic activities, the National Bureau of Statistics said on Wednesday.

The 2009 ferrosilicon contract price on ZCE closed at 5744 yuan per ton on May 29.

The ferrosilicon market rose steadily in this month

LME nickel price trend on May 28th

Nickel ore market weekly comment(May 25th-May 29th): The prices of Laterite-Nickel ore was stable this week

Electrolytic nickel market weekly comment(May 25th-May 29th) LME nickel price dropped down in general, the price of electrolytic nickel was relatively stable

In April, China exported 10091.962 tons of ferrosilicon (>55) to Japan, accounting for 24.55% and 8156.48 tons to Korea, accounting for 19.84%.

In Jan-Apr, 2020, China exported a total of 7400.275 tons of ferrosilicon (≤55%), a decrease of 38.12% year on year.