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Ferro-alloys futures down on Zhengzhou Commodity Exchange

August 20, 2014 - 10:27 GMT Location: Shanghai

KEYWORDS: China , ferr-alloys , futures , ZCE

Ferro-silicon and silico-manganese futures on China’s Zhengzhou Commodity Exchange (ZCE) have fallen since their first trading day on August 8 amid limited business and weak steel futures.

The most-traded January ferro-silicon contract on the ZCE closed at 5,730 yuan ($931) per tonne on Wednesday August 20, down 46 yuan from the last session. The contract was lower than its first closing price of 5,804 yuan per tonne on August 8. The most-active January silico-manganese contract...

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