Summary and Prediction for Si in Jan.

 

Until late Jan., Si price trends to be steady in China. Domestic price of different brand Si products increased different ranges.

 

Export Si price began to run flatly. Export price of Si553# was USD1,950-1,980/mt FOB, 441# was USD2,040-2,090/mt FOB, 3303# was USD2,100-2,150/mt FOB and 2202# was USD 2,160-2,210/mt FOB at Huangpu port.

 

With Si export tariff eliminated, Si producers showed positive attitude towards future market. Added with improved Si costs, Si producers rose quotation and then. In late Jan., Si products decreased on spot market, some plants reworked to expect obtain profits.

 

In early Jan., Si export price dropped sharply due to eliminated export tariff. Consumers dared not to give offers easily. In late Jan., Si transaction turned well slightly.

 

With Lunar New Year approaching, some Si plants with long orders would work normally. It’s estimated that Si market would keep smoothly in a short time.