[Ferro-alloys.com] Metallurgical Si metal prices began to increase in the last week in August in China. And Chemical si metal prices remained firm. More orders made some factories turn prices up.
Until the end of August, quotations were as follows: Kunming delivered price for Si 553#, RMB12700-12,800/mt(USD2,062-2,078/mt) and Si441#, RMB13,100-13,200/mt(USD2,130-2,147/mt); Tianjin port price for Si421#, RMB14,100-14,200/mt(USD2,289-2,309/mt) and Si411#, RMB14,300-14,400/mt(USD2,322-2,342/mt); much higher prices of Si2202# and Si3303#.
Export market of Si metal: Until the end of August, Si553# was USD 2,010-2,040/mt, Si441# was USD 2,170-2,220/mt, Si421# was USD2,310-2,330/mt, Si 411# was USD2,330-2,350/mt, Si3,303# was USD2,320-2,340/mt and Si2,202# was USD2,500-2,550/mt FOB.
Western Si metal prices remained stable at the end of August. European Si 553# prices were EUR 2200-2250/mt; the US were 144-147cents/lb. Japan began to purchase Q4 Si metal. Korea delivered price for Si 441#, USD2,170-2,190/mt. India delivered price for Si off-grade 553#, USD2,040-2,060/mt.
Analysis: Metallurgical Si metal prices would keep steady. And chemical si metal prices would remain firm. Export price of Si metal would rise because of China market.
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- [Editor:tianxiao]
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