Export orders for silicon metals remain tepid

Published: Mar 26, 2019 15:50
In Kunming, 553# that did not undertake oxygen-refining mostly traded at 10,600-10,800 yuan/mt on Mar 26

SHANGHAI, Mar 26 (SMM) – Silicon metal buyers overseas remained quiet of late, SMM research found. Aside from some routine purchasing bids from large aluminium producers, orders for restocking accounted for the majority of recent, limited export deals.

Some specifications of silicon metal in Chinese markets extended declines on Tuesday. In Kunming, 553# that did not undertake oxygen-refining mostly traded at 10,600-10,800 yuan/mt, down 50 yuan/mt from the previous day; the trading range of 553# that undertook oxygen-refining fell 50 yuan/mt from the prior day to 11,100-11,200 yuan/mt, SMM assessments showed.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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