ZCE Ferrosilicon Hits Daily Upward Limit after Opening, and DCE Iron Ore Surges by over 4 per cent

SHANGHAI, Aug. 21 (SMM) – ZCE mostly-active traded ferrosilicon contract advanced to its daily upward limit after opening.

SHFE rebar and nickel opened the week trading up by 2 per cent, and silicon manganese on the ZCE, zinc, hot-rolled, rubber on the SHFE, coke and plastic on the DCE rose by over 1 per cent. 

SMM Price Outlook for Base Metals on SHFE (Aug. 21, 2017)

Coking coal on the DCE, coal on the ZCE, tin, aluminum and copper on the SHFE also advanced. SHFE lead opened lower by more than 1 per cent, and SHFE silver and gold traded down. 

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