The price is dropping,the market of silicon metal is quiet
This week,the price of silicon metal keep on dropping. The transaction is lesser than last month. The factories said that it is meaningless to offer lately because the buyers even don’t want to bargain. For some factories who suspend producing earlier,they already stock up. As now they want to have the cash flow to purchase the raw material,they are willing to sell lower than the market price.
The market transaction is mainly focus on the market demand. For some traders who have stock up earlier now are also activing in selling. For some area which the electricity is expensiver, with the price increasing of oil coke, there is no advantage to producing at the moment. If the price of silicon metal keep on dropping, the factories maybe suspend producing for machine maintenance.
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