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ZCE’s FeSi contract explodes; mixed signals in Asia by...

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    0 ZCE’s FeSi contract explodes; mixed signals in Asia
    by alanpatrickryan
    The Asian ferrosilicon market was throwing off mixed signals. The ZCE’s mostly actively traded contract, October, rose rmb224 to rmb5,990 ($844.88 per mt) today on an amazing turnover of 455,636 contacts. Even the September contract had turnover of 117,990 contracts with the settlement up rmb170 to rmb6,036 per mt ($851.36). The ZCE is for domestic use.

    https://intherightvein.com/2020/06/18/zces-fesi-contract-explodes-mixed-signals-in-asia/


    Export price of ferrosilicon adds another 20% in export tax
 
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