WEEKLY: China's FeSi prices keep rangebound

Chinese ferrosilicon (FeSi) prices kept rangebound over November 26-December 2, with the spot price of 75% FeSi under Mysteel's assessment standing at Yuan 5,230/tonne ($740/t) including the 13% VAT on December 2, lower by Yuan 12/t on week despite recovering by Yuan 4/t from that on November 28.

Prices in the derivative market remained weak overall, with the most-traded FeSi contract on the Zhengzhou Commodity Exchange for delivery in March 2026 closing the daytime trading session on Tuesday at Yuan 5,448/t, dipping by Yuan 6/t from the settlement price on November 25, according to the exchange's data. Domestic