Silicon Metal Market Report May 2016
2016-06-17 09:38:56 【Print】
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From the start of May, downstream consumers from both domestic and overseas markets kept forcing prices down with a negative attitude towards market prospects, pushing prices for Chinese silicon metal to move down continuously
. Market participants were astonished by this sharp and substantial drop . The tumble in prices of silicon metal triggered concerns among silicon metal producers in South China; as a result, some producers who originally planned to restore production were cautious about resuming production and some of active producers started to reduce outputs with prices remaining on a downward trend.