Silicon Metal Weekly News

Recently，the price of low grade of silicon metal continuous goes up. Majority of silicon metal manufactures said that they got lots of orders. The demand exceeds supply. Now the traders are active to inquiry. At the same time，they also unknown about the future market. They will slightly increasing the purchasing volume according to their orders.

So far，the price of silicon metal 421#，3303# and 2202# is hard to increasing. Some of the high-grade silicon metal seems about to drop. The low-grade silicon metal is active in market now. At the moment, there is lots output of low grade silicon metal in Xinjiang province compare to others province. Also, Sichuan and Yunnan province got few volume. Due to the higher cost of electric, Chongqing area is obviously reduce their output. There is just few stock in Neimeng province.

The epidemic of Covid 19 is obviously influence the international market demand especially in May. Until June and even July, silicon metal export volume drops compare to the same time last year. Now the domestic price is increasing, there are same international inquiries. But the real order is little. It is hard to said how it goes in the future. It still need to rely on the situation of international market demand.