WEEKLY: China's FeSi prices keep rangebound, output rises

Chinese ferrosilicon (FeSi) prices remained rangebound during the week of June 3-9, with the spot price of 75% FeSi under Mysteel's assessment reaching Yuan 5,645/tonne ($834/t) including the 13% VAT on June 9, unchanged from one week before.

Prices in the derivative market also remain firm. On June 9, the most-traded FeSi contract on the Zhengzhou Commodity Exchange for delivery in July closed the daytime trading session at Yuan 5,914/t, higher by Yuan 12/t from the settlement price on June 2, according to the exchange's data. Given the