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Chinese ferrosilicon export prices decrease - Aug 28

Sources reported that Chinese ferrosilicon export market sees sliding prices and slow buying activities. Currently, prices for ferrosilicon 75%min processing blocks decline to USD1,170-1,200t FOB China, down by 10t from ten days ago. With the depreciation of RMB, exporters reduce prices accordingly. However, demand from end-users still shows no signs of rebounding and overseas buyers delay making purchases.