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The spot price moved higher for the first time in three weeks, hitting a record high since Fastmarkets started assessing the market in January 1997.

The 2201 ferrosilicon contract price on ZCE closed at 9,642 yuan per ton on August 23.

China ferrosilicon (>55%) exports up 325.95% YoY in July, 2021.

China ferrosilicon (>55%) exports up 57.64% YoY in Jan-Jul, 2021.

China ferrosilicon (≤55%) exports up 16.75% YoY in Jan-Jul, 2021.

China ferrosilicon (≤55%) exports up 39.97% YoY in July, 2021.

The price of raw material semi-coke remained stable at a high level, and the futures continued to rise.

The 2201 ferrosilicon contract price on ZCE closed at 9,300 yuan per ton on August 20.