China's silicon metal price remains high in the short term

Entering December, China's silicon metal market is supported by manufacturers' production cuts. For example, the current mainstream price of China's silicon metal 3-3-03 has risen by 200 yuan/ton from the beginning of this week to 15,700-16,000 yuan/ton at the Chinese main port. However, after the price rise, There are fewer transactions in the market.

According to Hainan West Asia Group research, after China entered the dry season in winter, despite the sluggish demand for silicon metal, as major manufacturers in the southwest region cut supply and more factories increased production costs due to rising electricity costs, and due to the slowdown in demand, more factories chose Production is suspended, the mainstream price of silicon metal in the Chinese market 3-3-03 will remain strong in the coming week.