[Ferro-Alloys.com] This week, China silicon metal market was still weakness, but the Northwest still retain high operating rates, and factory inventories are still a great influence make shipments also deserted; lower demand for light the price of long-term downturn, manufacturers can only choose discontinued sidelines. The recent Yunnan and Sichuan and other places of metallic silicon shutdown situation remains serious, the operating rate of Yunnan still remain low, some exporters have orders fixed price orders have raised the plan, but raised to a lesser extent, the overall market prices remain stable. Currently metallurgical grade winter affected downstream aluminum industry procurement is low, even if the metal silicon substantial discontinued, downstream procurement recovery seems to have no meaning, blindly in a wait state. Silicone prices experienced a brief rebound after another sharp downturn, the current sales situation is not optimistic silicon chemistry.

Chinese silicon metal market, the deal has not increased significantly, but the operating rate of the dry season in the south continued to decline, factory offer strong currently, silicon metal  553#, 441#,  3303# and 2202# were sent to the main port price at 9,550-9,750 yuan / ton , 10,200-10,400 yuan / ton, 11,100-11,300 yuan / ton and 12,600-12,800 yuan / ton.

The latest data show that China Foreign Exchange Trading Center, January 6 central parity of RMB against the US dollar reported 6.5314, compared with the previous trading day (January 5) the devaluation of the central parity of 6.5169 145 points, a record low since April 2011. The cost of silicon metal subject line and powerful foreign-lower prices, so lower prices of silicon metal exports, the current area of ??Huangpu Port FOB price of silicon metal: 553# without oxygen 1480-1500 dollars / ton, 441# was 1580-1600 dollars/ ton, 3303# was 1800-1820dollars / ton, chemical grade silicon metal 421# USD 1780-1800 / ton, the above varieties are down $ 20 / ton.

Silicon metal's biggest trading partner Japan, South Korea and China in the demand reduction (customs data showed monthly imports amount decreasing), Japanese, Korean imports of silicon metal aluminum automotive industry more widely applied, while Japan and South Korea are also in the domestic production of large-scale enterprises in the consumption of organic silicon, silicon metal and therefore really go out of the amount of the reduction.

• [Editor:tianyawei]