Chinese silicon metal market still stable

Chinese silicon metal export market saw more orders recently and domestic silicon metal market also became active a bit, but the

supply in the market was sufficient and the prices kept largely stable.

A source from a silicon metal smelter in Sichuan, running one furnace of 6,300kva with an output of around 350tpm mainly for

5-5-3, reported that their prices for 5-5-3 have been stable at RMB10,500/t (USD1,658/t) in ports since August. The source

claimed that they sealed some deals for 5-5-3 recently and only have one truckload of stock in hand.

The source added that Chinese silicon metal prices are likely to remain stable in the near future. South China will enter the dry

season gradually from November, when the power price will increase and power supply will become tight, and silicon metal prices

may increase accordingly at the time.