Silicon Metal Market Stabilized, Investors Remained Bearish-Shanghai Metals Market

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Silicon Metal Market Stabilized, Investors Remained Bearish

SMM Insight 10:03:00AM Apr 11, 2013 Source:SMM

SHANGHAI, Apr. 11 (SMM) – Silicon metal market remained little changed after the Qingming Festival, with traded prices at major domestic ports holding steady. Although inquiries and purchases from downstream enterprises showed improvement, purchasing prices were still low as investors were still bearish towards market outlook.

SMM sources reported that traded price for #553 silicon metal at Huangpu Port was RMB 11,000/mt, while Fujian’s #553 silicon metal was traded at RMB 11,200-11,300/mt at Huangpu Port. Prices at Huangpu Port were mainly around RMB 11,800/mt for #441 silicon metal, RMB 12,200-12,300/mt for #3303 silicon metal prices, and RMB 13,000/mt for #2202 silicon metal.
 

Key Words:  silicon metal price 

Silicon Metal Market Stabilized, Investors Remained Bearish

SMM Insight 10:03:00AM Apr 11, 2013 Source:SMM

SHANGHAI, Apr. 11 (SMM) – Silicon metal market remained little changed after the Qingming Festival, with traded prices at major domestic ports holding steady. Although inquiries and purchases from downstream enterprises showed improvement, purchasing prices were still low as investors were still bearish towards market outlook.

SMM sources reported that traded price for #553 silicon metal at Huangpu Port was RMB 11,000/mt, while Fujian’s #553 silicon metal was traded at RMB 11,200-11,300/mt at Huangpu Port. Prices at Huangpu Port were mainly around RMB 11,800/mt for #441 silicon metal, RMB 12,200-12,300/mt for #3303 silicon metal prices, and RMB 13,000/mt for #2202 silicon metal.
 

Key Words:  silicon metal price