Silicon Metal Market Report July 2016

The supply of Chinese low grade silicon metal remained tight in early July with most sales of 5-5-3 standing at RMB9,600/t delivered to ports.Asian Metal CopyrightThe supply of Chinese low grade silicon metal remained tight in early July with most sales of 5-5-3 standing at RMB9,600t delivered to ports.Asian Metal Copyright Many Inner Mongolia silicon plants halted production in mid-July after the environmental protection task force arrived.Asian Metal Copyright .Asian Metal Copyright More plants in China chose to suspend production due to thin margins.Asian Metal Copyright The price found stability in late July due to the higher cost of raw material and transportation, even though downstream demand weakened further.Asian Metal Copyright The month of July is traditionally the slack season for silicon metal as overseas markets are on summer break and domestic aluminium alloy plants halt production to carry out maintenance.Asian Metal Copyright The price found stability in late July due to the higher cost of raw material and transportation, even though downstream demand weakened further.Asian Metal Copyright The price found stability in late July due to the higher cost of raw material and transportation, even though downstream demand weakened further.

.Asian Metal CopyrightThe supply of Chinese low grade silicon metal remained tight in early July with most sales of 5-5-3 standing at RMB9,600t delivered to portsAsian Metal Copyright