Weekly news of silicon metal
Recently the market of silicon metal is confused. The inconvenience transportation due to the epidemic in Xinjiang area, the raw material is hard to get in while the production is also hard to ship out. Some polysilicon factories in Xinjiang and Qinghai area now purchasing the silicone in Sichuan area which make the in stock silicon metal also tight. Therefore,the price of silicon metal are going up for sure.
Due to the wet season,the operating rate in Yunnan area are always in high level. Some factories have the long term cooperation with the regular buyers, they are able to produce according to the orders. Some factories just have the sport trading.
The price already increased in the mid of July. Some traders are already stocking up. Now the market for exporting is very quiet, though some tenders coming out, the volume is little. Due to the covid-19,the factories abroad is hardly coming back to produce. The speed of market demand is increasing slowly.
Now the market situation is still depends on the epidemic situation and consumption of the downstream industry.Hot news
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