The 2101 ferrosilicon contract price on ZCE closed at 5844 yuan per ton on October 23.

The current ferrosilicon market is still tight-supply, the atmosphere of price support is strong.

Indian ferro silicon prices remain stable despite moderate demand from the domestic market.

The country is also expected to remain the world's largest primary energy consumer despite slowing demand growth.

Worldsteel has reviewed its Short Range Outlook (SRO) for 2020 and 2021 to show a much smaller demand decline than previously expected.

The 2101 ferrosilicon contract price on ZCE closed at 5854 yuan per ton on October 22.

Currently, the prices of imported manganese ore is also on a downside and silico manganese producers are not being able to increase the offer prices.

Indian ferro silicon prices remain stable despite moderate demand from the domestic market.