Ferro-alloys futures extend gains on Zhengzhou Commodity Exchange

Silico-manganese and ferro-silicon futures on China’s Zhengzhou Commodity Exchange (ZCE) moved up significantly this week, extending the gains seen last week.

The most-traded May silico-manganese contract on the ZCE was quoted at 6,982 yuan ($1,012) per tonne as of 02:27 GMT on Friday March 17, up from its opening price of 6,900 yuan and the March 10 closing price of 6,334 yuan per tonne.

On Thursday, the contract reached its highest level...

Published

Rena Gu

March 17, 2017

09:01 GMT

Singapore