Silicon Metal Market Report January 2016
2016-02-04 15:23:58 【Print】
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The overall silicon metal market did not fluctuate much in January
. With the approaching of the Spring Festival holiday (February 7th to 13rd), a few smelters with heavy inventory and capital pressure decreased offer slightly to promote sales for cash back in January, however, most smelters held quotations firm or raise offer slightly further due to the decreasing output and stocks on the spot market . In the first half of January, Chinese silicon metal export market saw more inquiries . But due to the sharp Renminbi depreciation against US dollars, Chinese silicon metal export prices decreased . Chinese silicon metal export spot market was quiet in late January, and the market saw a few inquiries for future orders after Spring Festival holiday or Q2.