Silicon metal market summary

Generally speaking, silicon metal market remains stable during this week, with LYU8GXT0SC6VG8YBW4CU3X6Z1GU8N00NDAN3U46QNPJXNL05IZ63K72UT4WUHGMAJO953D1FX08G88XQJA9S59SS0S70GI8EI61Q1259C720517K2W2CC62XE3T9S5FE2TPX411FI8VOUU72ISUU21ZSN5A68D93MZJP5X11W7W08W2378W0J7G3I68NY3HXDPUY7WV0 prices stabilizing at RMB10,600-10,800/t (USD1，421-1,448/t) and RMB11,500-11,800/t (USD1,542-1,582/t) for 5-5-3 and 4-4-1 respectively.FYSB9PL155FSY9CILE80LAOV65UT8GMW1U2O73W91D8RAC882D33W795E5YF66U1X4UD85J1S0OFO3U30Z078D567924ZI3JV0P06618L5P689AYDABQO4O561B614JW0A9L3UKK5Y1E02896L7E291I1G504K0WZMZQ2F4A4K604IONZ4G6H8T33P9YC37Q7T08MFPZ

Despite that silicon metal smelters continue insist on high 60IHF1VSD23OC9HM1955273M0UN5993Q8441MX012B724GKQ7W79V8P6T3M569C2A3WT3XNS5YI2NKVJP33G03H06B7CCV2RN9SIAKL41B4V4P898QM6GKNU01T259095OFD7PC737GENC5OU0L463Q1F9OII47M4IRKXVSUMED5013NQT4854V436N556R43PI4P3O8 prices, with an exP19EF6044Q772L63S58DFY8MI7P2TUM1OSN179W18W4235INCZKEY9Q3FDU61972L6C87278H9F00GE0O9D9H2S2E5FHDV2WM102MA0PXFJFM9L3HOIRL9GM52ENB83J9MNWE38TBW1A9VJ6O1EQ6NM144851D1XCYV7BQP5X187QD2AQA9CH0SQIKPP5A07172IK9KF cuse that hydro-electricity supply is tight and the government is carrying out the strict policy -the Notice of Preferential Policy on Electricity by Development and Reform Commission, buyers are reluctant to purchase as most consumers are fully covered for the time being.0T579V1T79089IJ95C07Q0J3409J55B2SC27S86M8WUH106Y4C65INPY78A3U05XWI684LS5I114KXMWXC85CU5BPD8FCV86R6TJIX6HPC4491291H90F059I2QBV22RK29M75688Y8SY1G54Y3I8O6WEKRFFJW33NN4U4BQ3X63SC6U0I0OK5IA3UGX46BUQQ6M8CAU

The M819G4523626CH5129T1MUC9Y27D7GX9K8NI4LVR9V6XQE17ZVZEHRGC3QOTV3W09H6M87XC109MI95XKKD039HLM238G37YJ5W666ZW3PHRNVBZWX4DXA4FS3HR2698XV2E1JJ26SYS4BYFN5B62YDR207M04597KFF412KLS18G94U7637QCKDIW859Y95249091ZQ price difference between 5-5-3 and 4-4-1 expands because the supply of 4-4-1 is tighter than 5-5-3, as the 7Z631R6Z7VA3939ON418J6ULV7MT1FE00GMCEXG2RHAFOZNT47DT6U593OEO194J51Q6X52P7XKMZ54Q675P8KVUD5IWB82L5V335T8J394L421M4R66078CPE2ZC0VP2P94482T7P32D47NZWS2QEU19NFDOT40U75BTBVBC1K33240P5Y57U9FI8LP6GIDN44O7QSM price of 4-4-1 is around RMB1,000/t (USD134/t) higher than 5-5-3 while the usual 57L0F9JOAH8M9T12Q33556P96G6JY4SL655214AR3A9W7X28Q639DPFK8WG6I32DOA44LJ6ZKZ06VBF1MV3KCCW197X6F37S4JN7F03754IHM4LNKZOD74UN2HW4776LNX94SO5F05080JDETKH4G7GRYQJI2S2ND808H34QA7L6P05H6J7MXL593B7O05P2LJ0ECMDH price difference is RMB400-500/t (USD54-67/t).G801Y1G4FDV57KSK8PNL5XA8K5SZA4I335G54I00O31Q1V9099TDSQ9877QE171E51O0LEC09ARLB4LP1JGD5F1K2MV2YI3DWX20F0NTR4Q2V634SBFRJV8821PJ75CMSC6SA06497HHR5A882992U3IV7F866SL29820L529JW8VKR0YGSJO2XDKV89DYL38Q1A657P

However, high-grade silicon metal market becomes a little active late this week, because smelters receive more enquiries, and some deals are concluded at around RMB12,100/t (USD1,622/t) and RMB12,500/t (USD1,676/t) for 3-3-0-3 and 2-2-0-2 respectively, increased by RMB100/t (USD13/t) compared with that of ten days ago.BQW89JZ0KPRQ8800ZN7DSW83GA9PUT8SZWH74V8M1012H76B19ZIELOG2AS3H0994B3VZ0M451268A1D940XWXD8CRJZB884SM4K8GB1V94088Q57J11A4U2W2EU329HA36TITW8F7YV54456851838WW930L6N96930Q7E89XXD0E7HA0O2RYL8K0D9NF6L85T6A414

Mainstream export TWZ41F42L4QFUVORX8V24NHL5U4AJ40OIA40X942BMIE6SPW0O55565287VM60U4EWKP4D0MB8NS4QDY61T9QNK5QC8QA82F660300226U40KXNBZT878EDJD18760OFV666BBN7C4447784E7YBP9Y1P089T0B60EJ6P2Y2R160SI55P2K20E10ICI6R8986JO69980 prices of 5-5-3 and 4-4-1 are USD1,500-1,520/t FOM CMP and USD1,580-1,600/t FOB CMP, unchanged compared with that of the previous week. Traders told Asian Metal that foreign buyers have no intention of buying as they purchased enough materials in August when silicon metal OR7D2L1V68L3U2V30709R409L26QDR599IN2942RS2HVVQH9H5ST04ES4096W3O21723993WRZ1921W4NFO78E494H44E37M4F2TSJ8Q82JX4D709ATE5UCV7G4DH7LBDY6737U2JLD9QRH1Y2OGFP4R6EB149WC4FX4DN59Q6739C6URDGFD86SI365BFFYP2D2HV38 price was increasing sharply. "Although we receive some inquiries from overseas buyers, they just test the market because they heard that silicon metal 34PVG6WK832LVPDA1726848437VG9Y12NRNKXYA13924Z50AM5YY4H81930V0TI9C600OV722BUD1T5ZI3351W4IG40EHV3U3U313630982TOIB1AI6P1K0GKJZ5Y53W4F7T650SQLU54Q67S7EKU282RHF22ZQ57GLH6UC5O27SFVS07Y11G5FK3NYN4MM0OD786R7S price in China is increasing," said most traders.37K2Y60S87LJQ83NFBEVP7N8DORG261VQ324D3H0Y5LPF501581955812YI16TN2CXIA98892A7R5P0X1U44JH6DT0K9X33X979CTJ969HR8UG702DKR12117B10G680ID29Q2VKHRJLG8FV1D27F54HOI8R9ZJBQI699675P31PF4U5XA1CVQ09407ZE5CAA5HD8W92

Silicon metal market in South Korea keeps strong at around USD1,610-1,630/t CIF Pusan for 4-4-1 and USD1,680-1,700/t for 3-3-0-3, same as that of the previous week.152XY87201H4R2Q1JZKM7T3300889971262Q18BMP342347F783103NO8G4HV1HAA817OR2IVC4831U408F26ZS5519TA881T314364B0U57WMZCHK318WC53ES5X3T96430990XOQ0Z176M8Q89VF9V54AV69D4ZJ2S49HD591X428UZ8A0XI5QKGB9O8I19K8SF73A

And sources reported to Asian Metal that silicon metal market keeps stable in India during this week, with QPDF2Y90ILBD6R4442S37J5922OW38KKE05E6KLRC4OUX3J0YK058KDA9G66J49GS4ZH5PD79Y21UI57OQTC6H9RY8A1DI7G40W7GSF50DK54UD65CX1313D229888E67A3Z9A9GS3F02ZM0ECV0145RJ779S2MSU67CZT61FRZEIDUHQ8SY32U53555C8867D2KM14N price of 5-5-3 at USD1,625/t CIF Mumbai, but the local buyers are not ready to increase stockpiles, waiting for the further trend.JR739DVYN201M3ZP6N8F669795654XA2XCGKWHM037TOI2122SMT44W481Z01U826QC95K5UMZ8XA7TE2E6V1KG82597W33R96P1HSJN117M79CP8EOR96L4H0787757YF922L04654581KU394P1K6H2W5M12ZQ97NN788UE3LJ5OX0X76VBA1SK2691E761K32020W

European market of silicon metal keeps soaring to around EUR1,800-1,850/t d.d.p for 5-5-3 and EUR1,840-1,880/t d.d.p for 4-4-1 respectively in the week, up by EUR30/t compared with that of the previous week. Participants predict that LK99216RNXX26B7CO19ZY3J40T7M11ZT7K536YF172N4030DDK373F745O7T5U6B6K8A04N1NBXJP8FGK7NXYY0079OYGV2O36AE99UY2RG35Z3S5J8Q08JOY35IM5040H4BH7G792860X8SYQKF7B0138W042G1D62X59FTDFAM5XVO7SP9NXI2ITW5M1DTS089809I price of silicon metal may reach EUR1,900/t d.d.p by next year if tight supply continues.