WEEKLY: China's FeSi prices edge down, output rises further

Chinese ferrosilicon (FeSi) prices eased slightly during the week of June 9-15, with the spot price of 75% FeSi under Mysteel's assessment standing at Yuan 5,626/tonne ($832/t) including the 13% VAT on June 15, lower by Yuan 19/t from one week earlier.

FeSi futures prices lost ground during the survey period, underscoring the negative market sentiment prevailing in the domestic market. On June 15, the most-traded FeSi contract on the Zhengzhou Commodity Exchange for delivery in September closed the daytime trading session at Yuan 5,750/t, lower by Yuan 100/t from the