The Market Update of Silicon Metal
Lately the market is very quiet for silicon metal. The price for low grade of silicon metal is constantly dropping last week. Some traders are willing to sell. There are no great news for the supports for lifting the price. It is said that the price will keep on dropping. The turnover is less than September obviously.
In Fujian area,the factories are required to stop producing because of the limited of electricity by government for a while. However,in 16th Oct, there is notification for factories back to production. But it seems the silicon metal factory are not included. So far there is no fixed schedule of when the factory back to produce. Most of the factories didn’t have the in stocks after stop producing.
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