Silicon Metal Market Report February 2012
2012-03-12 19:40:49 【Print】
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Chinese silicon metal price increased slightly in February
. After the Spring Festival holiday (January 22nd to 28th), Chinese silicon metal operating rate kept at low level of around 20-30% and the raw materials petroleum coke price kept rising, and silicon metal smelters raised offers continuously . The silicon metal domestic and export markets saw some orders in February, but except some long-term contracts, the spot market trading was thin and some deals in small quantities were concluded . For one thing, the demand has not picked up . For another, China will enter the rainy season in Q2 and many buyers only purchased materials from hand to mouth in February and postpone their purchasing plans, expecting lower silicon metal prices in the up-coming rainy season .