WEEKLY: China FeSi prices remain weak, output down

Chinese ferrosilicon (FeSi) prices weakened during the period of September 15-21, as the dip in FeSi futures prices caused market sentiment to soften, Mysteel Global learned.

On September 21, Mysteel assessed the spot price of 75% FeSi at Yuan 5,836/tonne ($871/t) including the 13% VAT, falling by Yuan 152/t from one week earlier. As for the derivative market, the most-traded FeSi contract on the Zhengzhou Commodity Exchange for delivery in November closed the daytime trading session