Weekly News about Silicon Metal
Under the influence of additional output in south of China and decline of market needed, the silicon metal price is turning into a lower level. Now the traders are more likely to observe the market, rarely purchasing silicon metal. The market as always follows the rules of buying while the price is getting higher instead of purchasing while the price is getting lower. Under the process of dropping, the price of silicon metal is obviously disorder.
Gradually turning into wet season after May, the output of silicon metal increased to a high level. It is sad that the price should be kept in low level. Looking into the export of May in last few years, the export volume of silicon metal will increase to the highest level on May. However, as the weakness situation of silicon metal now, the export volume of silicon metal on May dropped compare to last year.
As the silica is shortage in supply in Xinjiang area on June, some factories are difficult to restart produce. Under the weakness of market situation, some factories take this opportunity to maintain the machine. Therefore, the rate of operation is lower.
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