ZCE’s ferrosilicon contract sharply up in price and turnover

China’s ZCE’s ferrosilicon contract exploded again today, going up rmb574 per mt to rmb8,232 for the January contract and up rmb596 to rmb7,7742 for the February contract. Turnover in the January contract soared to 577,730 contracts, while February was much more subdued with only 270 contracts. The May 2018 contract price rose by rmb384 to rmb7,428 on 250,116 contracts traded.

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