The 2209 ferrosilicon contract price on ZCE closed at 7944 yuan per ton on July 11.

On a monthly basis, China's PPI remained flat last month compared with the 0.1-percent rise in May.

This week, the domestic ferrosilicon market continued to be weak, the Futures was consolidated in a narrow range.

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The 2209 ferrosilicon contract price on ZCE closed at 8014 yuan per ton on July 8.

In China, an enterprise with annual revenue of more than 20 million yuan ($2.99 million) is deemed relatively large.

Prices across Europe's ferro-chrome suite extended their losses on 5 July, as offers for imported alloy put additional downside pressure on the depreciating market.

Ferro-silicon prices have lately consolidated at €2,450-2,600/t ddp, down by 38pc since early May.