Silicon Metal Factories Look Forward the Price Going up

The price of silicon metal keeps quiet for a long time, in additionally, the situation of receiving order turning good which makes factories look forward the price going up. As far as the traders said, the offer did increase a little bit by the factories. And the low price is hard to find in the market. Due to there are much stocks for silicon metal 441 and 3303, the price of these two grades slightly drop. So far the orders are placed by the needed, although some trades increase their number of orders, the only unchanged situation is that they are always looking for the low price in market. Under the weakness market condition, it is really hard for the factories to produce.

According to the statistics, there are more than 50 furnaces operating now, the rate is over 30%. It is said that the output will reach over 35000MT this month.

After entering into June, the Sichuan area is under the wet season which made more and more silicon metal factories restart producing. The producing in Yaan area Leshan area was quite stable. The market situation getting weakness on July, the factories are under big pressure after the environment inspection. It is said that some factories are going to stop producing on August.