Silicon Metal Market Report March 2017

The Chinese silicon metal market presented downward trend in March.Asian Metal Copyright .Asian Metal Copyright Early this month, the operating rate of silicon metal plants in South China was low affected by the dry season; and the production cost increased further with prices of pet coke and cathodes rising; thus, silicon metal prices stayed firm.Asian Metal Copyright .Asian Metal Copyright However, consumers had little intention to restock as downstream demand was sluggish, leaving few transactions.Asian Metal Copyright .Asian Metal Copyright But after half a month, most traders began to reduce offers to destock from mid to late March as transactions remained scarce.Asian Metal CopyrightThe Chinese silicon metal market presented downward trend in March.Asian Metal Copyright Some producers, in order to relieve financial pressure, also reduced prices of silicon metal, resulting in those continuing to decrease.
.Asian Metal Copyright Asian Metal Copyright