Silicon Metal Market Report May 2013
2013-06-09 18:11:57 【Print】
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As the market was weak and prices were unfavorable, the operating rate for Chinese silicon metal smelters kept at low level in the dry season
. In late April, the supply for silicon metal in the spot market became a bit tight and the market saw more purchasing activities at the time, so silicon metal smelters began to hold offers firm and some even raised offers slightly . After the Labor’s Day holiday in early May, the operating rate for silicon metal smelters did not see obvious increase and the supply for low-grade silicon metal was still tight and the prices increased slightly further . The prices for high-grade silicon metal saw little fluctuation in May . South China will enter the rainy season gradually after June 1st and more smelters will resume production at the time .