Silicon Metal Market Report November 2012
2012-12-10 18:14:03 【Print】
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Chinese silicon metal prices continued to increase in November
. Many silicon metal buyers purchased some materials around mid-October at relatively lower prices . Into November, South China entered the dry season gradually and the power price in some areas in South China increased in late November . The production cost increased and the operating rate for silicon metal smelters decreased gradually . Moreover, many silicon metal smelters were unwilling to sell material . It’s hard to purchase silicon metal from the spot market, especially the low-grade silicon metal . Chinese silicon metal export offers increased sharply in November, but the transaction prices went up slowly . The real demand for silicon metal from oversea market did not see big increase . Some oversea silicon metal buyers watched the market, waiting for Chinese silicon metal export tax to become clear . Chinese silicon metal export price rise lagged behind the price rise in the domestic market .