The price of silicon metal will continuously go up
This week,the price of silicon metal continuously go up. Though the factories have slightly increasing the output, the whole volume is in low level. The export market are gradually recover which are able to increase the output volume.
Due to the price of raw material increasing lately, also the wet season in south of China will be ended soon, the offer in Yunnan factories are going up. Particularly in low grade silicon metal. The buyers said it was hard to find the stock. In addition, because of the lockdown in Ruili,a city in Yunnan,the border is under control due to the covid 19.
Therewillbedifficultlyintransportation. The supply of raw material such as charcoal and silica will also be difficult to transit into Yunnan. Therefore, almost most of the factories are lifting the price. With the adequate order slately, the price is hard to drop. Also looking into the supply and demand, the market stock will be reduced, the factories are more confident with the price goes up. It is said that the price will keep on slightly go up.
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