GLOBAL FERRO-SILICON SNAPSHOT: Lack of inventory continues to fuel EU, US prices

Key data from the pricing sessions in Europe, Asia and the United States for the week ended Friday January 8.



China

Domestic spot market extends its stability, with supply tightness continuing and sentiment bullish amid rising futures prices. The most-actively traded May ferro-silicon futures contract price on the Zhengzhou Commodity Exchange closed at 7,160 yuan ($1,108) per tonne on January 6, up by 5.4% from 6,790 yuan per tonne on December 30. Ferro-silicon production in Ningxia province is expected to gradually...

Published

Chris Kavanagh

Declan Conway

Siyi Liu

January 08, 2021

19:19 GMT

New York, Galway, Ireland, Shanghai