Silicon Metal Market Report July 2012
2012-08-10 14:01:14 【Print】
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Chinese silicon metal market kept sluggish in July
. The demand remained weak and Chinese silicon metal prices dropped further . The market prices dropped to the level that was below many smelters’ production cost, and Chinese silicon metal operating rate kept decreasing . In late July, silicon metal smelters began to hold offers stable . Some smelters raised offers slightly and some even held back from selling temporarily . Many silicon metal buyers purchased some silicon metal at low prices in the second half of July and were inactive in adding stocks on the increasing offers from smelters . Chinese silicon metal export market kept in thin trading in July and the prices went down further . In late July, Chinese domestic silicon metal prices turned stable and silicon metal suppliers began to keep the export offers stable .