Related by context. All words. (Click for frequent words.) 63 oversupply 58 glut 57 Oversupply 57 deflationary tendencies 56 bloated inventories 55 Overcapacity 54 overcapacities 54 stockbuilding 54 inventory buildups 53 gluts 53 shrinkages 53 inventory overhang 53 supply gluts 53 Inflationary pressure 53 excessive wetness 53 overcapacity 52 grape glut 52 depreciating shilling 52 TREASURIES Bonds slip 52 Deflationary pressures 52 Unseasonable weather 52 feedgrains 52 agflation 52 erratic monsoon 52 inventory drawdowns 51 Margin compression 51 inventory gluts 51 Overbuilding 51 restocking depleted 51 slowdown 51 Refinery shutdowns 51 METALS Copper dips 50 Slackening 50 TREASURIES Prices fall 50 Underwater mortgages 50 disinflationary pressures 50 Ferrous scrap 50 industrywide oversupply 50 erratic monsoons 50 hog marketings 50 stroke humorist Keillor 50 sawmill curtailments 50 overstocked inventories 50 Bloated inventories 50 undersupply 50 Bumper harvests 49 Summary Box Metals 49 underconsumption 49 refining bottlenecks 49 recesssion 49 inflationary tendencies 49 exportable surpluses 49 Overproduction 49 Summary Box Corn 49 Sluggishness 49 Astmax Emori 49 recessionary headwinds 49 shortages 49 Summary Box Wholesale 49 tradables 49 wafer ASPs 49 deflationary pressures 48 Excessive moisture 48 Castorseeds futures 48 appreciating Rupee 48 Downward revisions 48 restock inventories 48 inventory destocking 48 inventory replenishments 48 Azusa Kato 48 low carb fad 48 Steep declines 48 Kapaskhali futures 48 oversupplying 48 hog slaughters 48 crudeoil 48 Gloom deepens 48 Drug coated stent 48 Eugen Weinberg commodities 48 synthetic soda ash 48 Restricted arrivals 48 Prolonged drought 48 subprime shakeout 48 TREASURIES Bond 48 Nimit Khamar analyst 48 macroeconomic headwinds 48 overplanting 48 incomes clobbering 48 dowturn 48 depleted stockpiles 48 MARKET WATCH Energy 48 Deflationary pressure 48 smelter shutdowns 48 USeconomy 47 rabi harvest 47 oilprices 47 Reduced offtake 47 significantly tougher comparatives 47 Distressed properties 47 Protectionist pressures 47 recessionary trends 47 Newedge Hasegawa 47 Stripe rust 47 Shanxi coke 47 Dwindling stockpiles 47 Tighter lending standards 47 unplanned refinery shutdowns 47 seasonal slowness 47 exportable supplies 47 steelmaking inputs 47 Adipic acid 47 confidentiality #/up lbs 47 hopper railcar 47 fab utilization 47 Erratic rainfall 47 Yasukazu Shimizu senior 47 sharp falloff 47 Summary Box Copper 47 nonenergy 47 Frbiz analyzes 47 genericization 47 monetary tightenings 47 dwindling stockpiles 47 pernicious downward spiral 47 Slackening demand 46 macro headwinds 46 TREASURIES Bonds dip 46 uncertainy 46 Malaysian advices 46 DRam 46 METALS Copper rises 46 autocatalyst demand 46 Demographers attribute 46 recessionary pressures 46 Ferro chrome 46 naphtha feedstock 46 investor skittishness 46 merchandise markdowns 46 Skryja 46 DRAM ASPs 46 India chana guar 46 driest monsoon 46 stockroom shelves 46 chana futures 46 stoking inflationary pressures 46 WINNIPEG Closing 46 gastric distension 46 kharif harvest 46 pricing pressures 46 disinflationary forces 46 kharif output 46 exerting upward 46 leadtimes 46 Destocking 46 Castorseed futures 46 Bernd Weidensteiner 46 Remortgaging activity 46 shortage 46 companies restocking shrunken 46 flattening yield curve 46 titanium dioxide feedstock 46 skyrocketting 46 downward pressure 46 wheat coarse grains 46 cyclicality inherent 46 recessionary tendencies 46 disequilibria 46 LME bonded warehouses 46 Downward pressure 46 soyabean crop 46 Anna Piretti 46 C#Q# 46 seasonal slowdowns 46 Erratic monsoon 46 Downside risks 46 brightening outlook 46 WACKER FINE CHEMICALS 45 overproduction 45 George Shiffler principal 45 Rupee appreciation 45 RUBBER Malaysian rubber 45 SOFTS Sugar 45 Ferrous scrap prices 45 Guarseed futures 45 MF Global Meir 45 soyabean meal 45 inflationary pressures adversely affecting 45 iconic condensed soups 45 castorseeds futures 45 gloabl 45 weakeness 45 TREASURIES Prices rise 45 mentha oil futures 45 sluggishness 45 railcar loadings 45 stomach gastroparesis 45 refilling depleted 45 logistical bottlenecks 45 uncertainities 45 Outbound shipments 45 Solveen 45 nylon textured yarns 45 Arnie Holzer 45 demandfor 45 stockists amidst 45 cyclical downswing 45 demand slackens 45 replenish depleted inventories 45 Irrigation Segment 45 gum rosin 45 Delayed monsoon 45 soyameal 45 narrower refining margins 45 commodity prices 45 SMALL MIDCAPS Stocks 45 un remunerative 45 potassium deficiency 45 steep falloff 45 downturn 45 hedge fund liquidations 45 negative spillovers 45 unhedged exposures 45 Scant rainfall 45 Nand flash memory 45 Mr Milkovits 45 farmgate prices 45 WALL STREET Stocks 45 Inflationary expectations 45 drugs Cerezyme 45 kharif sowing 45 manganese ferroalloys 45 yearslong drought 45 deflationary cycle 45 arbitrage cargoes 45 grainfed beef 45 Condo conversions 45 convexity hedging 45 rekindled worries 45 headwinds buffeting 45 theeconomy 45 TREASURIES Prices slip 44 heightened geopolitical tensions 44 Sawlog prices 44 Kim Jeong hwan 44 Soda ash 44 durable goods subsector 44 Summary Box Wheat 44 stainless scrap 44 Dr Ironmonger 44 Summary Box Grains 44 gastrointestinal irritation 44 destocked 44 econ omies 44 Mitsubishi Nunan 44 incipient recovery 44 Seo Jeong Kwang 44 capacity utilisations 44 Chronic overproduction 44 MONEY MARKETS Libor 44 Kharif pulses 44 livestock feeders 44 oilmeal exports 44 credit cruch 44 spokesman Daniel Verakis 44 Nondurable goods 44 IEA trims 44 GRAINS Corn 44 STOCKS Indexes flat 44 Underinvestment 44 Grains soybeans 44 Chinese textiles leatherwear 44 restocked depleted 44 S.Africa maize 44 weedkiller glyphosate 44 sluggish 44 packer margins 44 grain harvests 44 sunflowerseed 44 Noriaki Haseyama 44 infrastructural constraints 44 earnings preannouncements 44 Ample liquidity 44 Yoshiki Shinke senior 44 HSBC Mahendran 44 uncompetitiveness 44 prices 44 greenshoots 44 gloomy outlooks 44 Mr Bagrie 44 Resistant bacteria 44 relatively inelastic 44 Costanza Jacazio 44 housing slump 44 Kim Seong joo 44 NYMEX Crude slips 44 Illiquidity 44 Malting barley 44 inflationary pressure 44 hopper railcars 44 Sponge iron 44 Joerg Rahn 44 Summary Box Commodities 44 blooms billets 44 outlook dims 44 overbuying 44 gloomiest predictions 44 NSea Crude Forties 44 inflationary pressures 44 sporadic blackouts 44 Inflationary fears 44 coarse cereals pulses 44 overvalued lira 44 METALS Copper slips 44 oilmeal 44 Rapidly escalating 44 GRAINS Soybeans 44 winter sown oilseeds 44 replenishing inventories 44 refilling stockpiles 44 Steadily rising 44 Rapid industrialization 44 replenish inventories 44 Subprime woes 44 deepest postwar 44 Fimat Fitzpatrick 44 inventories 44 Iron ore pellets 44 FII outflows 44 topsoil erosion 44 polyphosphates 44 wafer thin margins 44 scarcity 43 Avian flu outbreaks 43 uncontrolled bowel movements 43 vegoil 43 seesaw pattern 43 hedge fund redemptions 43 Commonwealth Thurtell 43 deflation persists 43 Nicholas Tenev 43 liver glycogen 43 Edible oils 43 Equity NAVs 43 Renminbi appreciation 43 Colleen Mesler 43 recycled LDPE 43 toxic beta amyloid 43 . Mcgroup 43 factories humming 43 APNewsBreak Egg 43 econ omy 43 oversupplied 43 simultaneous recessions 43 deficient monsoons 43 speculative froth 43 economic downturn 43 WACKER POLYSILICON 43 spiraling upwards 43 guargum 43 Patent expirations 43 Speculative buying 43 icesheets 43 Dryland wheat 43 manganese alloy 43 Eds Contains livestock 43 Stocks tumble 43 CWA Hassall 43 Investec PMI 43 Polymer Intermediates 43 Slowdowns overseas 43 profitless prosperity 43 iron ore metallurgical coal 43 bottlenecks 43 raw materials 43 intermonth spread 43 Stagnating 43 grindings 43 Recessionary fears 43 feedgrain 43 gelatinous seaborne creatures 43 raw material 43 invisibles surplus 43 Dietary fat 43 Severe droughts 43 Coonoor tea 43 Berkshire Borsheims 43 Downturns 43 Zhu Yanzhong 43 bauxite phosphate fertilizers 43 lurch downwards 43 S.Africa rand steady 43 Antibiotic overuse 43 deficient monsoon 43 Tart cherry 43 Kharif sowing 43 scarcities 43 staple foodstuffs 43 Procrit anemia drug 43 STOCKS SNAPSHOT Indexes 43 Thina Saltvedt 43 underfinanced pension 43 Ganes Chase 43 decelerated sharply 43 currency depreciations 43 Corn soybean 43 rupee depreciation 43 Stephan Rieke 43 CIS billet export 43 waterborne epidemics 43 kharif oilseed 43 overinflation 43 neurodegenerative diseases autoimmune diseases 43 Flu epidemics 43 NYMEX Crude dips 43 Loonie tumbles 43 progranulin protein 43 geopolitical jitters 43 non tradeables 43 Lengthy delays 43 Metal realty 43 exportable commodities 43 Vashi Wholesale Market 43 malinvestments 43 METALS Metals 43 structural undersupply 43 householders shivering 43 METALS Copper falls 43 Cottonelle bathroom tissue 43 BCTMP 43 cattle marketings 43 Soy beans 43 Imperial Irrigation 43 depressionary 43 toxic algal blooms 43 appreciating renminbi 43 Hinsdale Nolte 43 WNS ADS 43 Hisaaki Tasaka 43 Mounting foreclosures 43 traditional carbonated sodas 43 Takuji Aida senior 43 CBOT oat futures 43 Krishna Chander senior 43 speculative excesses 43 infrastructural bottlenecks 43 Matthias Rubisch 43 GRAINS AND SOYA Grains 43 styrene monomer SM 43 scanty rains 43 recurrent droughts 43 iron ore coking coal 43 Irri Boro 43 myocardial oxygen 43 supply disruptions 43 Opium poppy 43 Raheem Suleman Talk 43 Sciences ABARES 43 sunseed 43 Cyclically 43 Zuanic 43 Underperformance 43 USEconomic 43 orderbooks 43 Steeply rising 43 profit margins 43 uncertaintly 43 Avalon Cardillo 43 Tightness 43 allergic rhinitis hay fever 43 Guar seed 42 fiber filament 42 soybean carryover 42 blueberries cashews 42 disinflationary trend 42 stagflationary environment 42 Arch Coal 2Q 42 OUTLOOK Economists 42 soybean soyoil 42 biomechanical integrity 42 decling 42 blood lipids fats 42 Yoshimasa Maruyama 42 Darin Newsom 42 Schwannoma tumor 42 Zheng Weigang senior 42 Hotter drier weather 42 stoke inflationary 42 silicone leakage 42 Megal noted 42 Ms Polygenis 42 Longer lifespans 42 market economies EMEs 42 cyclically sensitive 42 flat yield curve 42 Ms. Kitagawa 42 ferro titanium 42 Mr Smirk 42 slowing 42 dehedging 42 recessionary spiral 42 Crisil Joshi 42 vegoils 42 unplanned stoppages 42 fisheries wildlife refuges 42 inven tory 42 deline 42 soured subprime mortgages 42 deadly cholera outbreak 42 sup ply 42 Protectionist measures 42 exogenous shock 42 oak acorn 42 broiler meat 42 Unsold inventory 42 demand.The 42 overstocking 42 summer sown pulses 42 mycotoxin contamination 42 stockiest 42 ECB hawkishness 42 hotter drier weather 42 cupric sulfate 42 Chris Lafakis 42 Cushing inventories 42 wheat corn soybeans 42 Caustic soda 42 stainless steelmaking 42 analyst Sudakshina Unnikrishnan 42 honey bee populations 42 mar kets 42 Both Rossers 42 La Parrilla mill 42 CFO Timo Ihamuotila 42 citrus fruits berries 42 unplanned disruptions 42 RUBBER Rubber prices 42 Nondurable goods orders 42 India guar futures 42 rainfed crops 42 hydrological drought 42 lowerthan 42 cyclical upswing 42 stockbuild 42 stainless steelmakers 42 overbuilding 42 Geopolitical worries 42 hyperinflationary environment 42 L aspartic acid 42 clogged arteries crimping 42 Heaghney 42 acute shortage 42 Summary Box Foreclosures 42 Yuji Kameoka senior 42 structural rigidities 42 shakeouts 42 raw cashew 42 Citigroup economist Yiping 42 declining ARPUs 42 downspin 42 PRECIOUS Gold ticks 42 AutoNation 4Q 42 Shrinking budgets 42 Raphael Bostic associate 42 FeSi 42 Disinflation 42 Inflationary pressures 42 heterosexual male circumcision 42 chronic noncommunicable diseases 42 Mr Gahbauer 42 oilmeals 42 Koichi Kurose chief 42 precrisis levels 42 MONEY MARKETS Interbank 42 unabsorbed overhead 42 eco nomy 42 AMM Copper 42 autocatalyst metal 42 Shortages 42 droughtlike conditions 42 foodstock 42 Fresher barometers however 42 COFFEE Coffee prices 42 chrome manganese 42 erratic monsoon rains 42 Packaged meats 42 CULV notebooks 42 GRAINS Soy 42 upheavel 42 Routine exporter 42 Summary Box Treasurys 42 Micronutrient deficiencies 42 Toby Hassall commodity 42 non tradables 42 manganese alloys 42 di ammonium phosphate DAP 42 superlong sector 42 KL mart 42 bright groundwood papers 42 Catalytic converter thefts 42 retooling shutdowns 42 bullish undertone 42 DRAM memory 42 stimulatory effects 42 underrecoveries 42 Rampant copying 42 deterioriation 42 foreclosure resales 42 Tatsushi Shikano senior 42 goldilocks economy 42 tradeables 42 Restocking 42 exerting downward 42 forex inflows 42 Taiwanese foundries 42 soggy soils 42 diammonium phosphate DAP 42 CIS billet 42 Rupee trims 42 1mn bpd 42 Spillovers 42 autocatalyst 42 MGI PHARMA marketed 42 Juichi Wako strategist 42 steelmaking raw materials 42 depressions recessions 42 -#.# mmb [001] 42 Stem rust 42 Rinnen 42 Frbiz Reports 42 packaway 41 restocked inventories 41 shortfalls 41 liquidity crunch 41 looming patent expirations 41 Candida overgrowth 41 downloading sideloading 41 Rob Montefusco trader 41 cashew kernel 41 Slowdowns 41 shekel depreciation 41 cyclical upturns 41 cyclical downturn 41 Eliane Tanner 41 capillary leakage 41 Isotope shortage 41 Soil compaction 41 tungsten concentrates 41 undercapitalisation 41 unseasonable rains 41 Genome sequencing 41 subprime mortgage resets 41 Bandholz 41 cyclical downturns affecting 41 ferrovanadium 41 PX PTA 41 Shipment volumes 41 stockouts 41 DSD Dairy segment 41 FeCr 41 diseases Cerezyme 41 Daniel Brebner 41 Isomer MX 41 input voltage transients 41 deflationary spiral Sinai 41 Mr Leppinus 41 No.3 alumina 41 malinvestment 41 Spillover weakness 41 photic zone 41 india viagra 41 1Gb DRAM 41 Eathington 41 foodstocks 41 JISF 41 HIGHLIGHTS BOJ Shirakawa 41 color filters CFs 41 gradual deceleration 41 Cardamom futures 41 APeJ 41 Stocks zigzag 41 frothiness 41 cyclical downturns 41 Satoru Ogasawara 41 mitochondrial decay 41 Rolf Buerkl 41 Medicaid caseloads 41 Mustardseed futures 41 weaker refining margins 41 #-#/#-year highs [001] 41 ANZ Pervan 41 Stagflation occurs 41 Ferrous metals 41 Wehbey 41 AMM Aluminum 41 Toshio Sumitani senior 41 Low carb craze 41 hryvnia devaluation 41 euro regionā 41 crude stockbuild 41 CBOT soybean complex 41 commodity supercycle 41 Hou Xinqiang 41 inflationary spiral 41 prolonged droughts 41 Matus contends 41 slump 41 peso devaluations 41 Pabuk bolstered monsoon rains 41 Attractive valuations 41 spur homebuying 41 Acrylic acid 41 boll rot 41 enzyme lactase 41 Yoshimasa Maruyama senior 41 feedlot showlists 41 intrinsic toxicities 41 Pasteurized milk 41 DRAM chipmakers 41 kharif oilseeds 41 Unfilled orders gauge 41 nonpetroleum imports 41 grains oilseeds 41 COMMODITIES Gold 41 Soybeans grains 41 MARKET WATCH Crude 41 PET resin imports 41 writes Lindsey Partos 41 specialty injectables 41 circovirus 41 excess mucus 41 demand 41 GRAINS US 41 seaborne thermal coal 41 Guidant vascular stent 41 analsyts 41 mortgage defaults 41 Geopolitical tension 41 BIS Shrapnel forecasts 41 unwelcome disinflation 41 MARKET REPORT Stocks 41 Stefan Bielmeier 41 unseasonal wet 41 untimely rains 41 NAND memory 41 Difficulty swallowing 41 Aggressive discounting 41 analyst Mika Kitagawa 41 jeera pepper 41 sharp selloff 41 Weak monsoon rains 41 La. shrimpers 41 polyester staple 41 nutrient depletion 41 ethylene feedstock 41 Summary Box Rates 41 calf cramps 41 seaborne coal 41 bedbug outbreaks 41 risk averseness 41 STOCKS NEWS ASIA 41 knife Frons 41 popular nonprescription medicines 41 CommSec economist Savanth Sebastian 41 noticeable dropoff 41 undemanding valuations 41 Taigang Stainless Steel 41 undercapacity 41 SOFTS Cocoa 41 unusually heavy rainfalls 41 HDB resale 41 sharp deceleration 41 SOFTS Raw sugar 41 FOREX Dollar steadies 41 Carryover stocks 41 Evaporative Cooling segment 41 Hynix DRAM 41 WCoast Products Gasoline 41 perishable foodstuffs 41 hardwood pulp 41 fiercer storms 41 dangerously overheated 41 downtrading 41 undercapitalization 41 raw cashew nuts 41 inSpectrum 41 overexpansion 41 Feral hog activity 41 exogenous shocks 41 rancidity 41 Sven Jari Stehn 41 econ worries 41 Maxipime 41 bubble deflates 41 propylene feedstock 41 sunseeds 41 Jeager Junior 41 foreshadows weakening 41 stainless mills 41 Chargeoffs 41 New Wave Mennis 41 reading undershot Kyodo 41 kiwifruit puree 41 forint weakening 41 cellulose specialties 41 Distillers grain 41 recession 41 EAF steel 41 FOREX Dollar pares 41 shuttering factories 41 BASE METALS Base 41 Coarse grain 41 Severe infestations 41 RMB BER BCI 41 washed arabica beans 41 Kiyoshi Ishigane strategist 41 Junko Nishioka 41 warmwater shrimp 41 decelerating 41 depreciating rupee 41 Handset shipments 41 Nondurable 41 upend nascent global 41 starch sweetener 41 millgate prices 41 Rs#/kg [001] 41 replenish stockpiles 41 DRAM ICs 41 Tetsuya Miura chief 41 Claritin allergy pill 40 Dollar tumbles 40 Soya bean 40 inflation outturns 40 viscose staple fiber VSF 40 farmgate milk prices 40 Prices ASPs 40 RISC Itanium 40 regionā 40 Premcor refineries 40 artery thickening 40 bacterial antibiotic resistance 40 BARACLUDE resistance 40 untreatable infections 40 flatrolled 40 sown pulses 40 Cyclone Japhet 40 Altavest Hartmann 40 non urea fertilizers 40 CMCU3 40 Crisco oils 40 Shuchita Mehta 40 METALS LME copper 40 negative newsflow 40 Stagnating wages 40 Paraxylene PX 40 Nonfat dry milk 40 shrinkage 40 geopolitical uncertainty 40 Refined palmolein 40 infectious citrus canker 40 Harish Galipelli head 40 Corn soybeans 40 protectionist juggernaut 40 Delayed revivals overseas 40 slackening 40 seas hijackings 40 skeletal muscle relaxation 40 mustard rapeseed 40 Distillates inventories 40 looming patent expiries 40 bearish undertone 40 NATURAL GAS Futures 40 bacteria Mycobacterium tuberculosis 40 pencil ingot 40 destock 40 Petra von Kerssenbrock 40 Ruslan Fedotenko backhander 40 borrowers defaulting 40 DRAM NAND flash 40 speculative frenzy 40 USEconomy 40 analyst Tristan Gerra 40 Snowmelt swollen rivers 40 inflationary impulses 40 Soy bean 40 Ayako Sera strategist 40 replenishing depleted 40 Bankruptcies skyrocketed 40 thrifty habits 40 Toll Brothers 4Q 40 RBK pulp 40 Engineered Support Structures Segment 40 MALAYSIAN rubber 40 Koichi Yoshikawa head 40 Gartner analyst Mikako 40 periodic droughts 40 Lifting weights gulp 40 Pelican rookeries 40 lithium carbonate Li#CO# 40 fluctuating wildly 40 unremunerative 40 reached multidecade highs 40 Modelo Corona 40 economicconditions 40 slowdowns 40 macroenvironment 40 hefty writedowns 40 feedstock naphtha 40 NABE economists 40 Gurdgiev 40 adrenal hormones 40 speculative fervor 40 2mn tonnes 40 FOREX Yen gains 40 Overfeeding 40 CBOT soyoil 40 multidecade highs 40 Chiwoong Lee 40 Marc Rene Tonn 40 Starter Bartolo Colon 40 Mortgage delinquencies 40 Recessionary pressures 40 marekt 40 STOCKS Techs 40 blotchy skin bumps 40 ILZSG 40 Takeshi Minami 40 Mr Saligari 40 southerly gales 40 shuttering unprofitable 40 non uniformities 40 Order backlogs 40 contangoed 40 inventory restocking 40 GLOBAL MARKETS Oil 40 marketâ 40 METALS Copper ends 40 broccoli strawberries 40 loan origination volumes 40 dryspell 40 commodity 40 colder wetter weather 40 #-#,# tonnes [001] 40 ringspot virus 40 Werkheim 40 nitrogenous fertilizers 40 STOCKS Futures slip 40 stockdraws 40 7ACA 40 MF NAVs 40 overcorrection 40 dot com implosion 40 restocking depleted inventories 40 bumper harvests 40 Abundant rains 40 oilseed crushers 40 delinquencies defaults 40 reinflation 40 Acute diarrhea 40 Hormel 1Q 40 Makoto Noji senior 40 METALS Copper 40 cyclical upturn 40 unroasted beans 40 mixed xylenes 40 stockdraw 40 Low sulfur diesel 40 buckle Keuss 40 deliquencies 40 antibiotic resistant pathogens 40 inventory overstock 40 NZ sharemarket rises 40 decine 40 Cerezyme imiglucerase 40 Norihiro Fujito strategist 40 low lin soybean 40 hryvnia currency 40 Naoki Murakami 40 CBOT soy 40 fairly inelastic 40 Dwelling approvals 40 semifinished steel 40 dot.com collapse 40 destocking 40 Intensifying competition 40 restock depleted inventories 40 Relative Strength Ranking 40 produced glaring contradictions 40 crossbred wool 40 glutting 40 Kurzatkowski 40 regionâ 40 Amol Tilak 40 maize sorghum millet 40 shortfall 40 logistical constraints 40 RPT FOREX Dollar 40 Shrinking glaciers 40 Shows Modest 40 ferro silicon