China's import volume of Ferro Silicon Si 55% experienced a significant increase rising by 110.81% in Oct 2023

In October 2023, the top three import sources of Ferro Silicon (Si>55%) for China were North Korea, Russia, and Norway.

The quantity of silicon iron (Si>55%) imported by China from its top three import sources over the past 13 months.

China imported 7,262.15 metric MT of Ferro Silicon (Si>55%) from North Korea, compared to 8,000.00 metric MT in the same period last year. This represents a year-on-year decrease of 9.22%. However, it increased by 120.46% compared to the previous month when 3,294.16 metric MT were imported. The average import price was $656.42 per metric MT, down 6.29% from the same period last year but up 7.72% compared to the previous month.

From Russia, China imported 942.00 metric MT of Ferro Silicon (Si>55%), showing an increase of 126.44% compared to the previous month's import of 416.00 metric MT. The average import price was $1,119.87 per metric MT, down 14.37% from the previous month.

China imported 72.00 metric MT of Ferro Silicon (Si>55%) from Norway, a significant decrease from 182.80 metric MT in the same period last year. This represents a year-on-year decline of 60.61% and a month-on-month decrease of 69.45% from the 235.68 metric MT imported in the previous month. The average import price was $3,094.47 per metric MT, down 17.82% compared to the same period last year and 12.38% compared to the previous month when the average import price was $3,530.51 per metric MT.

The average import price of silicon iron (Si>55%) for China over the past 13 months.