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Wait-and-See Sentiment Grows amid Silicon Metal Price Decline
Mar 13, 2013 18:10At Huangpu port, mainstream traded prices for #553 silicon metal (oxygen-free) were RMB 11,300/mt, and mainstream traded prices for #441 were around RMB 12,000/mt.
SHANGHAI, Mar. 13 (SMM) – The prevailing pessimistic sentiment continued to weigh down silicon metal prices. At major ports in south China, prices for #553 and #441 silicon metal continued to fall slightly. At Huangpu port, mainstream traded prices for #553 silicon metal (oxygen-free) were RMB 11,300/mt, and mainstream traded prices for #441 were around RMB 12,000/mt.
Downstream purchasers temporarily adopted a wait-and-see attitude amid uncertainties. Traders and silicon metal producers were reluctant to quote prices as they can not accept low inquiries from buyers. Therefore, overall trading sentiment was muted.
silicon metal price
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