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 ($851.36). The ZCE is for domestic use.
Column 1 0 ZCE’s FeSi contract explodes; mixed signals in Asia
by alanpatrickryan
https://intherightvein.com/2020/06/18/zces-fesi-contract-explodes-mixed-signals-in-asia/
Export price of ferrosilicon adds another 20% in export tax
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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1 | 5 | 38.0¢ |
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Price($) | Vol. | No. |
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38.5¢ | 7500 | 1 |
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1 | 5 | 0.380 |
4 | 18610 | 0.370 |
2 | 6370 | 0.365 |
2 | 25000 | 0.360 |
2 | 6408 | 0.355 |
Price($) | Vol. | No. |
---|---|---|
0.385 | 7500 | 1 |
0.395 | 34600 | 1 |
0.415 | 4350 | 1 |
0.430 | 32017 | 1 |
0.440 | 2358 | 1 |
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