[Ferro-alloys.com] Silicon metal price kept firm in the second week of September in China. Silicon metal export price also began to increase. Consumers began to purchase silicon metal actively.
Until the second week of September, quotations were as follows: Kunming delivered price for off-grade Si553#, RMB12400-12,500/mt, Si553#, RMB12,900-13,000/mt and Si441#, RMB13,400/mt; Tianjin port price for Si421#, RMB14,100-14,200/mt and Si411#, RMB14,300-14,400/mt; much higher prices of Si2202# and Si3303#.
Export market of Si metal: Until the second week of September,, Si553# was USD 2,060-2,080/mt, Si441# was USD 2,240-2,260/mt, Si421# was USD2,310-2,330/mt, Si 411# was USD2,330-2,350/mt, Si3,303# was USD2,340-2,360/mt and Si2,202# was USD2,500-2,550/mt FOB.
Western Si metal prices remained stable in the second week of September. European Si 553# price was EUR 2200-2250/mt; the US was 144-147cents/lb. Affected by Chinese market, India silicon metal price increased. Japan was also affected by Chinese market.
Analysis: Export market would keep up with Chinese market and export price would increase. Silicon metal in Korea, Japan and India was mainly come from China, and their silicon metal price would also be affected by China.
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- [Editor:tianxiao]
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