Silicon Metal Price Rise Up RMB600/MT from End of February

  • Thursday, March 24, 2016
  • Source:ferro-alloys.com

  • Keywords:Si silicon metal
[Fellow][Ferro-Alloys.com]The price of silicon metal in China is slightly going up even at the moment, and the price of 5.5.3 low-grade product is up by CNY600 per ton from the end of February and the prices of 3303 and 2202 grades are also up by CNY300 - CNY400. This...

[Ferro-Alloys.com]The price of silicon metal in China is slightly going up even at the moment, and the price of 5.5.3 low-grade product is up by CNY600 per ton from the end of February and the prices of 3303 and 2202 grades are also up by CNY300 - CNY400. This is because the inventory distributed in the market got scarce due to lowered operating rate in the main producing areas like Yunnan and Sichuan during February, and the customers which were in a hurry due to a feeling of tight supply moved to purchase. Albeit the price of silicon metal moves separately, 5.5.3 grade is analyzed to lead the movement at all times.

In Japan, both offer and contract prices have gone up owing to the price increase in China, but there is a temperature difference between shippers and customers and therefore the contract price remains at being up by US$70 - US$80 from the end of February.

  • [Editor:tianyawei]

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