Chinese silicon metal powder prices down
2024-04-23 08:31:55 [Print]
BEIJING (Asian Metal) 23 Apr 24 - Discouraged by the sluggish demand, the current mainstream prices of silicon metal powder 99%min moved down by RMB300/t (USD41/t) to RMB13,500-14,000/t (USD1,864-1,933/t) delivered D/P against early last week. Given the firm prices from suppliers, insiders predict that the mainstream prices of silicon metal powder 99%min in China would keep stable this week.
A silicon metal powder plant in Inner North China revealed that his current offer for silicon metal powder 99%min stands at RMB13,500/t (USD1,864/t) delivered D/P with no concession for the clients in the neighbor city, and he sold 3,000t at RMB13,500/t (USD1,864/t) on Monday, while he insisted on RMB13,800/t (USD1,906/t) early last week. "The major supplier regularly purchases 8,000-10,000t but only 5,000t this time dragged by the lower operation rate in April MoM, and I squeezed margins to secure orders", disclosed the producer. He adds that the price of silicon metal 99%min lump in China stabilize at RMB13,000/t (USD1,795/t) from a major supplier, and he predicts that that mainstream prices of silicon metal 99%min powder would keep steady this week.
The producer, based on an annual production capacity of 360,000t of silicon powder, foresees to produce around 20,000t in April, down by around 5,000t from last month, keeping around 20,000t in stock.
Another producer in North China reveals that his current offer for silicon metal powder 99%min stands at RMB13,500/t (USD1,864/t) delivered D/P with no concession for regular consumers in neighbor cities, and he rejected one bid for RMB13,500/t (USD1,864/t) delivered D/A 180 days for 3,000t on Monday as he insisted on RMB13,700/t (USD1,892/t) delivered D/A 180 days for the inquiry. " I last sold 2,000t at RMB13,500/t (USD1,864/t) early last week, and the prices of silicon metal 99%min lump is stable at RMB12,700-13,000/t (USD1,754-1,795/t) EXW D/P this week against last week, and I purchased 2,000t of silicon metal 99%min at the price this week against last week", revealed the producer. He foresees the mainstream prices of silicon metal powder 99%min would keep steady this week.
With an annual production capacity of 250,000t of silicon powder, the producer expects to produce around 10,000t in April, down by around 5,000t from last month, holding around 10,000t in stock.
A silicon metal powder plant in Inner North China revealed that his current offer for silicon metal powder 99%min stands at RMB13,500/t (USD1,864/t) delivered D/P with no concession for the clients in the neighbor city, and he sold 3,000t at RMB13,500/t (USD1,864/t) on Monday, while he insisted on RMB13,800/t (USD1,906/t) early last week. "The major supplier regularly purchases 8,000-10,000t but only 5,000t this time dragged by the lower operation rate in April MoM, and I squeezed margins to secure orders", disclosed the producer. He adds that the price of silicon metal 99%min lump in China stabilize at RMB13,000/t (USD1,795/t) from a major supplier, and he predicts that that mainstream prices of silicon metal 99%min powder would keep steady this week.
The producer, based on an annual production capacity of 360,000t of silicon powder, foresees to produce around 20,000t in April, down by around 5,000t from last month, keeping around 20,000t in stock.
Another producer in North China reveals that his current offer for silicon metal powder 99%min stands at RMB13,500/t (USD1,864/t) delivered D/P with no concession for regular consumers in neighbor cities, and he rejected one bid for RMB13,500/t (USD1,864/t) delivered D/A 180 days for 3,000t on Monday as he insisted on RMB13,700/t (USD1,892/t) delivered D/A 180 days for the inquiry. " I last sold 2,000t at RMB13,500/t (USD1,864/t) early last week, and the prices of silicon metal 99%min lump is stable at RMB12,700-13,000/t (USD1,754-1,795/t) EXW D/P this week against last week, and I purchased 2,000t of silicon metal 99%min at the price this week against last week", revealed the producer. He foresees the mainstream prices of silicon metal powder 99%min would keep steady this week.
With an annual production capacity of 250,000t of silicon powder, the producer expects to produce around 10,000t in April, down by around 5,000t from last month, holding around 10,000t in stock.
