Silicon Metal Market Daily Review (2013-5-15)-Shanghai Metals Market

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Silicon Metal Market Daily Review (2013-5-15)

SMM Insight 11:38:07AM May 16, 2013 Source:SMM
SHANGHAI, May 16 (SMM) – Mainstream traded prices for China’s silicon metal held steady at RMB 11,200/mt on May 15. However, most downstream buyers and traders were bearish, as silicon metal producers in Yunnan and Sichuan resume production gradually with power price expected to be lowered in high-water season. Thus, silicon metal transactions were limited, and some producers cut prices for sales promotion. 
 

 

Silicon Metal Market Daily Review (2013-5-15)

SMM Insight 11:38:07AM May 16, 2013 Source:SMM
SHANGHAI, May 16 (SMM) – Mainstream traded prices for China’s silicon metal held steady at RMB 11,200/mt on May 15. However, most downstream buyers and traders were bearish, as silicon metal producers in Yunnan and Sichuan resume production gradually with power price expected to be lowered in high-water season. Thus, silicon metal transactions were limited, and some producers cut prices for sales promotion.