The 2101 ferrosilicon contract price on ZCE closed at 5890 yuan per ton on November 18.

The 2101 ferrosilicon contract price on ZCE closed at 5900 yuan per ton on November 17.

But the October exports fell by 15.5pc from a year earlier, according to preliminary customs data. January-October exports fell by 19.3pc from a year earlier to 44.43mn t.

January-October imports rose by 73.9pc from a year earlier to 17.71mn.

The 2101 ferrosilicon contract price on ZCE closed at 5886 yuan per ton on November 16.

This week's ferrosilicon market is still dominated by favorable factors.

The 2101 ferrosilicon contract price on ZCE closed at 5916 yuan per ton on November 13.

Coal exports are expected to be lower because of weaker global demand for coal.