Silicon Metal Market Report January 2016

The overall silicon metal market did not fluctuate much in January.Asian Metal CopyrightThe overall silicon metal market did not fluctuate much in January.Asian Metal Copyright 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.Asian Metal Copyright 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.Asian Metal Copyright In the first half of January, Chinese silicon metal export market saw more inquiries.Asian Metal Copyright 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.Asian Metal Copyright But due to the sharp Renminbi depreciation against US dollars, Chinese silicon metal export prices decreased.Asian Metal Copyright In the first half of January, Chinese silicon metal export market saw more inquiries.Asian Metal Copyright 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.
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