The cost of silicon metal increasing,the market still quiet
The market of silicon metal still quiet after resuming work from 3 days public holiday. Just a few traders or downstream industries having inquiry. The buyers are still observing the market. Now the demand of low grade of silicon metal is less,the sellers are more willing to have price concession.
For silicon metal 553,the price is dropping last two weeks. Although the cost is obviously increasing about one thousand RMB. Some manufactures said if the price still going down after the tender of the end users come out,they may consider to reduce the output. Lately due to the high price of electricity and oil coke, it is insignificance to produce while the cost in high level and no profit.
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