The 2101 ferrosilicon contract price on ZCE closed at 5968 yuan per ton on October 16.

Opening price of ferrosilicon futures 2101 contract of this week was 5,840.

China's foreign trade will maintain stable growth in the fourth quarter as its manufacturing sector is capable of scaling up production within a short period to supply necessary goods amid the global pandemic.

Nickel price trend on October 15th

LME nickel price trend on October 14th

Steel inventories at member mills of the China Iron & Steel Association (CISA) and in the spot market both increased in early October.

The 2101 ferrosilicon contract price on ZCE closed at 5916 yuan per ton on October 15.

The 2101 ferrosilicon contract price on ZCE closed at 5912 yuan per ton on October 14.