SHANGHAI, Aug. 2 (SMM) – Silicon metal producers in Xinjiang cut output for environmental protection inspections, Shanghai Metals Market learns.
According to SMM sources, 5-6 silicon metal plants in Xinjiang reduced production for environmental factor, and scale of production cuts is not expected to expand further, as the inspections are coming to an end.
On Aug. 2, offers of all grades of goods were up at the Port of Tianjin. Offers by some large producers for #553 silicon metal were up to 12,400 yuan per tonne, with traded prices rising to around 12,100 yuan per tonne at the port. Offers of chemical-grade silicon metal also kept rising, with most for #421 silicon metal heard at around 13,000 yuan per tonne, and traded prices mainly at 12,800 yuan per tonne.
SMM learns that producers arranged production based on orders, and most of them raised offers given low availability, with some holding back sales.
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