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Ferro-silicon = In China, the prices of products with Si being 75% and 72% stopped falling . This is because the operating rate of ferro-silicon producers got lowered and the supply volume got reduced, but in some part of the northwestern area, the number of producers which operated in April was more than that in the prior month. Many of producers expect the price will bottom out, and the export offer and contract prices for the product with Si being 75% remained unchanged from the end of April.

The Japanese domestic market also has been affected by the price stopping falling in the Chinese domestic market, and the contract price of regularly exported products continued to be flat from the middle of April.

The price of the products distributed in the market is down by around US$20 per ton owing to the price stopping falling in China as well as the decreased quantity of roundabout products via a third country.

On the one hand, both offer and contract prices for Russian products remained unchanged.

• [Editor:Juan]