Silicon Metal Weekly News
This week the low grade silicon metal price slightly increasing. The supply of silica in Xinjiang area not meets the need of the market which makes the restarting rate drops. Yunan area restarting producing couldn’t rise again, however, the Sichuan area has slightly increased. The low grade silicon metal has few stocks in the market, therefore price is increasing now.
According to the statistics, this week Yunan area has 29 furnaces producing, the whole rae of operation is about 20%. This year the rate of operation of silicon metal factories constantly drops compare to 2018. The south area enter into the raining season, the rate of operation over the country is still being dragged by reduction output of Xinjiang area. So far the silicon metal supply quantity in market is reducing and the reserved stocks in 2018 used up already. Now the factories are becoming active and the consuming of end users are obviously increasing. It is said that for the short term, the price will keep stable, the price increasing is limited.
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