Silicon Metal Market Report August 2015
2015-09-16 18:32:25 【Print】
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Chinese silicon metal price continued to fall in the first half of August, while the dropping pace slowed down
. Chinese silicon metal smelters claimed that even under the power price for rainy season level, they almost gained no profit, and some smelters reduced output or stopped production . Silicon metal price has dropped by nearly five months and most smelters did not accept lower price . Moreover, the purchasing activities on the spot market increased slightly in the second half of August . And thus, Chinese silicon metal price stabilized gradually and that for 5-5-3 even rebounded slightly . The overall Chinese silicon metal export market was still not active in August . Due to the local price decrease and the depreciation of RMB against US dollars, Chinese silicon metal export price in August moved down sharply further.