Exports of Chinese Silicon Metal Almost Doubled in March of 2014

With wet season approaching in southwest areas, many Si plants plan to restart furnaces. Furnaces in Sichuan province may restart in May, and Si manufacturers might rework in late May.

Recently, spoken with many manufacturers, many silicon metal plants plan to restart furnaces in wet season. Meanwhile, the suppliers are not optimistic to future market. The increasing spot Si volumes in wet season may pull down the prices.

Mud-rock flow disaster of July tenth 2013 badly struck the seven enterprises in one industrial park of Aba Autonomous Prefecture Industrial Park.

Latest statistics of USITC showed US imported 13,363 mt of silicon metal (Si＜99.99%）in February of 2014,

In late April, silicon metal prices held steady on international market.

Silicon metal prices kept firm this week. Port price of Si553# was RMB12,700-12,900/mt (USD2,082-2,115). Delivered price of Si3303# was RMB13,500-13,700/mt (USD2,213-2,246) in Kunming, Yunnan province. Si export prices were as following: Si553# USD2,080-2,120/...

In recent time, silicon metal prices trend to be stable in China. As some mills began to restart furnaces in southern areas, the tight supply of Si products may relieve in a short time. And there is less possibility for Si price to climb up in future.