WEEKLY: China's FeSi prices rise further, output ticks up

Chinese ferrosilicon (FeSi) prices edged higher during the week of March 11-17, with the spot price of 75% FeSi under Mysteel's assessment reaching Yuan 5,611/tonne ($815/t) including the 13% VAT on March 17, higher by Yuan 55/t from one week earlier.

Prices in the derivative market also strengthened as market sentiment turned positive. On March 17, the most-traded FeSi contract on the Zhengzhou Commodity Exchange for delivery in May closed the daytime trading session at Yuan 5,928/t, higher by Yuan 64/t from the settlement price on March 10, according to