Metal silicon export prices continue to rise, domestic market is light

At present, due to the country's restrictions on the export of raw materials, the export procedures are more complicated and strict, resulting in the recent export traders indicating that there are more enquiries. At present, the major domestic ports are quoted at US$2550-2650, which is higher than the external offer last week. However, according to port traders, such high prices are difficult to trade, but China’s current energy conservation and emission reduction capacity is lowered, and the southwestern region is currently entangled in electricity price adjustment. It is understood that the southwestern region will generally stop production before the New Year’s Day. It can only be produced in April-May of the following year. At present, foreign traders are also replenishing goods for the fourth time. Therefore, the export trade also insists on high prices for foreign transactions, and the transaction price is slightly lower.
Domestic sales, metal silicon buyers wait and see atmosphere is relatively strong, because aluminum, silicon powder and other manufacturers face high-priced metal silicon, procurement is more cautious, coupled with the current domestic market is not active, buyers are bearish after the market, not particularly anxious, manufacturers because Most of them are in the execution of previous orders, so the market volatility has not affected the manufacturers who execute the orders very much. Although some factories have already slightly adjusted the price due to the funds and worry about the decline of the market, most of the others are still stable. Quote. The short-term market of metal silicon is clear, and will be more clear after the implementation of electricity price information in early November.

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