The price of silicon metal increasing for two weeks.
Silicon metal market prices have risen for two weeks. Some traders stocked up sparingly. The price of silicon metal market is rising too fast, and traders intend to ship goods after the profit of stockpiling meets the psychological expectation. At present, some silicon metal factories are gradually improving their shipping intentions, and the quotation has slightly decreased from the previous month.
In the process of silicon metal market rising, the silicon factory in Yunnan province resumed production of more than 30 ore furnace continuously, some factories in Xinjiang have reduced production, and the operation of Sichuan province is stable. Some factories will be put into production after maintenance, and the rest of Hunan province may be closed in July, with the electricity price rising, and factories cannot afford the high cost of operation. But in general, the national silicon metal factory production and supply capacity is strong. Follow-up silicon metal price trend depends on cost changes and downstream new project production support strength.
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