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China ferrosilicon (Si≤55%) exports up 50.20% year-on-year in July 2022.

China exports 57710.498 tons of ferrosilicon (Si>55%) in July 2022.

前20持仓增减不一，8月19日表现持买仓量小于持卖仓量。

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

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

Its revenues during this period slipped by 15pc to $268.5mn in line with the lower sales, although its average selling price climbed to $39.21/wmt, up by 26.1pc from $31.10/wmt a year earlier.

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