Ferro silicon (75%) prices in China rose by RMB 100/t ($15/t) d-o-d to around RMB 9,300-9,500/t ($1,390-1,420/t) exw on 7 Jun’22 as futures prices rose. Futures prices on the Zhengzhou Commodity Exchange (ZCE) for 75% grade were RMB 9,518/t($1,423/t) on 7 Jun, an increase of RMB 100/t from the previous day. Meanwhile, Shagang finalised its bidding price at RMB 9,400/t ($1,405/t) exw and HBIS Group was bidding for 2,099 t for Jun delivery, sources informed.
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