Strong Wait-And-See Sentiment in Silicon Market -Shanghai Metals Market

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Strong Wait-And-See Sentiment in Silicon Market

SMM Insight 04:36:14PM May 04, 2010 Source:SMM

SHANGHAI, May 4 (SMM) --  Wait-and-see sentiment in China's silicon metal market was strong, and transactions were sluggish. Mainstream traded prices were between RMB 12,700-12,800/mt for #553 silicon metal, RMB 13,300/mt for #441 silicon metal, RMB 13,750/mt for #3303 silicon metal and RMB 14,400/mt for #2202 silicon metal.

According to SMM sources, producers kept offers firm due to support from costs, but downstream consumers mainly adopted a wait-and-see attitude for a further price drop when power charges decline in the future.

To contact the writer on this report: naturewang@smm.cn

 

Copyright © SMM. All Rights Reserved

None of this material may be used for any commercial or public use in any forms or means, without the prior written consent of SMM. For reproduction issue, please contact us by email: service.en@smm.cn

 

Strong Wait-And-See Sentiment in Silicon Market

SMM Insight 04:36:14PM May 04, 2010 Source:SMM

SHANGHAI, May 4 (SMM) --  Wait-and-see sentiment in China's silicon metal market was strong, and transactions were sluggish. Mainstream traded prices were between RMB 12,700-12,800/mt for #553 silicon metal, RMB 13,300/mt for #441 silicon metal, RMB 13,750/mt for #3303 silicon metal and RMB 14,400/mt for #2202 silicon metal.

According to SMM sources, producers kept offers firm due to support from costs, but downstream consumers mainly adopted a wait-and-see attitude for a further price drop when power charges decline in the future.

To contact the writer on this report: naturewang@smm.cn

 

Copyright © SMM. All Rights Reserved

None of this material may be used for any commercial or public use in any forms or means, without the prior written consent of SMM. For reproduction issue, please contact us by email: service.en@smm.cn