LATEST MARKET INFORMATION
Recently the silicon metal prices keep stable.The supply is still tense ,especially for the grade of 553.
At present,the operation rate of silicon factories in Sichuan area and Yunann area is still low.
Most of the factories are expected to reproduce in the end of May or early June.
In additon ,the raw material prices increase to some degree these days.
That makes the quotation of silicon metal in high level.
And it is difficult for the factories to make a concession.
The demand of downstream market is not active.The buyers are more cautious to purchase now.
Currently ,the price of magnesium ingot keeps stable.
On one side,a few big Magnesium ingot smelters indicate that they will not sell the goods with low price.
On the other side,the buyers are not willing to accept the current high prices .
The downstream customers prefer tokeep watching and waiting