Among them, 14663 tons were exported to Korea, accounting for 38.27% and 9090.232 tons were exported to Japan, accounting for 23.72%.

The 2105 ferrosilicon contract price on ZCE closed at 7,190 yuan per ton on March 22.

In January, 2021, Japan's imports of ferrosilicon (containing by weight more than 55% of silicon) decreased by 40.03% year on year.

Weekly Report of Chromium Market (3.15-3.19): Market wait and see sentiment is getting stronger, and the market of ferrochromium and chromite is running smoothly.

The 2105 ferrosilicon contract price on ZCE closed at 6,962 yuan per ton on March 19.

The supply side is relatively stable; while the demand side is expected to decrease.

China's foreign trade soared by 32.2 percent on a yearly basis to 5.44 trillion yuan ($837.3 billion) in the first two months of the year.

In Jan-Feb, the ferroalloys production was 7.179 million tons, up 27.9% YoY.