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[Minor metal] Silicon Market Stabilize Again
Dec 7, 2009 13:16Source:SMM
SHANGHAI, Jan. 19 (CBI China) -- Domestic silicon market calmed down again, the transactions were slim and the increases last week came to end.
A factory in Yunan said, Kunming inventory was running out, the factories have stopped operation for the holiday and will decide the operation time based on the market conditions after the Spring Festival.
Another factory in Fujian said the downstream factories had finished their stock replenishment before the holiday, the prices were unlikely to increase further. The resumption of production will depend on the factors including electricity and price.
Some exporters in Guangzhou, Xiamen also said that considering the time of payment collection and transportation, the transactions would be slim.
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