The Chinese export price for ferrosilicon is US$1,390/tonne which includes the 20% export tax.

The 2105 ferrosilicon contract price on ZCE closed at 7076 yuan per ton on January 25.

China exported 18034.584 tons of ferrosilicon (containing by weight more than 55% of silicon) in December 2020.

Weekly Report of Chromium Market (1.18-1.22): The price of ferrochrome has increased dramatically, and the chrome ore market has been strongly supported.

From the perspective of power generation, from January to December 2020, China's industrial power generation above designated scale growed by 2.7% year-on-year.

The bidding prices of steel plants in February are close to or even more than 8000 yuan per ton, injecting confidence into the spot market of ferrosilicon.

The 2105 ferrosilicon contract price on ZCE closed at 7180 yuan per ton on January 21.

Power generation of Industrial Enterprises above Designated Size in the whole city (Ulanqab City, the same below) completed 4.9 billion kwh.