Weekly News of Silicon Metal

  Recently, the increase of inquiries in the overseas market as well as the release of some domestic demand contributed to active inquiries and increased trading volume in the silicon metal market.  However, the inventory of the whole market is large, and the output reduction of silicon factories in various regions is not obvious, and the actual producing rate is still running at a high level, so the silicon metal price rises weakly in a short period of time, and the rise is limited. 
  At the moment, downstream factories and traders continue to watch the market after making batches of purchases.  Downstream factories said that the supply of goods is abundant, procurement is not difficult, timely procurement does not occupy capital.  Traders expressed that they had no too much confidence in the silicon metal market before the Spring Festival, so it was not meaningful to stock up, and the supply and consumption situation after the Festival was unknown. In addition, the current low cost may not be the high price in the future after the cost changes, so they did not plan to stock up without orders.