Tag: China: Ferro silicon market faces continued pressure amid low trading volume and shrinking profit margins
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China: Ferro silicon market faces headwinds amid low trading volume, shrinking profit margins
CBC: Prices of Chinese ferro silicon inched down w-o-w on lowered market confidence. Grade 72% silicon: Prices stayed stable with ex-factory, tax-inclusive quotes ranging from RMB 6,100-6,300/tonne (t) ($ 858-886/t). Grade 75% silicon: Prices inched down by RMB 100/t ($14/t) for this grade, with quotes at RMB 6,620-6,800/t (USD 931-956/t). Production plummets amid slow sales:…