Chinese silicon metal market outlook bearish

Recently, the main producing silicon metal southwest resume normal production, market supply capacity greatly increased pressure on the stock began to rise, high turnover of low-grade silicon metal market began to decline in the overall market showed a downward trend in prices.

# 553 mainstream market sold for 13600-13800 yuan / ton, 441 # price 14300-14500 yuan / ton,bronze powder suppliers, while prices have changed little from the previous month, but the high turnover decreased. 553 # deal more concentrated in 13600-13700 yuan / ton, more than 441 # 14300-14400 yuan / ton transaction, Kunming major deal for 14,000 yuan / ton. Most of the factory pre-orders soon is finished, the new single price is not ideal, the majority of plants still persist.

Chongqing,bronze powder ( FCu 663), a silicon metal manufacturer person in charge said that the current sign is priced at the factory 553 # 13,700 yuan / ton (Guangzhou delivery). Prior to the factory for the highest bid 13,800 yuan / ton, but started increasing by the impact of the rapid increase in the spot market, the factory was forced to cut prices. Although there is still the factory is still in 138 local orders, the factory price No adjusting, but with the order is finished, the price will fall.

Yunnan, a silicon metal manufacturer person in charge said that the current factory in Kunming # 553 # and 441, respectively 13,600 and 14,000 transactions yuan / ton, prices were down 100 yuan / ton. Kunming, the majority of manufacturers have come down to this level of turnover, but some plant shipments of relatively high prices. At present the Yunnan started in more than 85%, will continue to fear the latter part of the price decline.

South started the current market has reached about 70%, Yunnan, Sichuan plant capacity fully released after completion of factory orders is about to execute,bronze powder manufacturers, the market supply of slightly excess, fear of the latter part of the market price will quickly drop.? Source: www.mhcmp.com

Source: http://feedproxy.google.com/~r/freepressindex/~3/Pfrav-AER24/news-chinese-silicon-metal-market-outlook-bearish-281917.html

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