Silicon Metal Market Report February 2017

Silicon metal prices trended upward on the whole in February.Asian Metal Copyright Overseas consumers also showed little acceptance to the rising silicon metal prices and persisted in forcing prices down while domestic producers maintained offers firm; thus, traders took orders cautiously and the market didn’t see transaction prices increasing despite enquires becoming more.Asian Metal Copyright Due to the dry season in North China, producers’ operating rate was low, leaving limited supply of silicon metal; moreover, the production cost of silicon metal increased further owning to the rises in prices of graphite cathode and pet coke.Asian Metal Copyright Due to the dry season in North China, producers’ operating rate was low, leaving limited supply of silicon metal; moreover, the production cost of silicon metal increased further owning to the rises in prices of graphite cathode and pet coke.Asian Metal Copyright Silicon metal producers therefore raised offers, resulting in difficulties of sourcing the material at low prices; while downstream consumers demand less of the material affected by the environmental protection inspections; only some bought silicon metal based on demand and many still consumed stocks with a watchful attitude, being in no hurry to restock at high prices.Asian Metal Copyright .Asian Metal Copyright Overseas consumers also showed little acceptance to the rising silicon metal prices and persisted in forcing prices down while domestic producers maintained offers firm; thus, traders took orders cautiously and the market didn’t see transaction prices increasing despite enquires becoming more.
.Asian Metal CopyrightSilicon metal prices trended upward on the whole in FebruaryAsian Metal Copyright