Metals News
Silicon Metal Prices to Rise on Tight Spot Inventories
smm insight
06:10PM
Apr 15,2013
Source:SMM

SHANGHAI, Apr. 15 (SMM) – The depressed demand downstream left silicon metal prices hovering at low prices recently, leaving silicon metal producers under heavy cost pressures. Some producers were thus forced to halt production, driving their operating rates down.

The low operating rates significantly curtailed low-grade silicon metal supplies at ports. This was particularly pronounced in Yunnan where fewer than 10 silicon metal producers are located, low-grade silicon metal was rarely seen in the warehouses in Kunming. In response, silicon metal prices in several regions started rising last Thursday. Prices will likely rise further should supplies further tighten. However, the price increase is not expected to sustain with low-water season for south China expected to fall about 1.5 months later.
 

silicon metal price
China silicon metal
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