[Ferro-Alloys.com] the price was stable and was not enough season to increase more, while the low grade silicon metal 553#,441#, the price increased about RMB100/MT to 150/MT in September.

Let’s back to last year, the price of silicon metal 553# without oxygen was RMB 12600/MT -12700/MT, and increased about RMB800/MT compared to August, and the higher offer was about RMB12700/MT, while in 2015, the current price was RMB10000/MT -10200/MT, down by 18% Y-O-Y, and increased about RMB200/MT. And in October 2014, the price down to RMB12400/MT -12500/MT, because the whole year market was well last year and this year the over capacity was still exist and the market was not enough ability to consume, and from April to August, the market was the supply more than the demand, and some new furnaces was put into operation and the rate of operation fell and the price fell much in July. We learn that the wet season will be end and the price of electricity will increase in south China, so it will bring some cost pressure and some industries was not optimistic and just only product for order, so the late market price will increase, now the price offer was stable and some purchasers was active to inquiry, so the late market was stable and the price may increase.

• [Editor:tianyawei]