Silicon Metal Market Expected to See Change in Mid-June-Shanghai Metals Market

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Silicon Metal Market Expected to See Change in Mid-June

SMM Insight 01:27:31PM Jun 03, 2013 Source:SMM
SHANGHAI, Jun. 3 (SMM) – Silicon metal prices held steady at RMB 11,200/mt on May 31. Downstream buyers rarely purchased raw materials due to financial pressure by month’s end, but transactions for low-grade silicon metal were decent with market prices relatively firm. Spot prices for domestic silicon metal are expected to hold steady around RMB 11,400/mt for several days due to tightening supplies. However, the onset of high-water season left both sellers and buyers on the sidelines. As such, silicon metal prices are expected to experience changes in mid or late June.
 
Key Words:  silicon metal prices 

Silicon Metal Market Expected to See Change in Mid-June

SMM Insight 01:27:31PM Jun 03, 2013 Source:SMM
SHANGHAI, Jun. 3 (SMM) – Silicon metal prices held steady at RMB 11,200/mt on May 31. Downstream buyers rarely purchased raw materials due to financial pressure by month’s end, but transactions for low-grade silicon metal were decent with market prices relatively firm. Spot prices for domestic silicon metal are expected to hold steady around RMB 11,400/mt for several days due to tightening supplies. However, the onset of high-water season left both sellers and buyers on the sidelines. As such, silicon metal prices are expected to experience changes in mid or late June.
 
Key Words:  silicon metal prices