Recently, some silicon metal manufacturers stopped production in succession, waiting and seeing, because they can’t bear the high cost.
Today, current mainstream quotation price is: 553#11100-11200yuan/ton,441#12200-12300yuan/ton,3303#12600-12800yuan/ton.
It is learned that the electricity price in Yunnan, Sichuan provinces, etc. are comparatively lower, so the manufacturers there has advantage in production cost, which makes manufacturers in Hunan province, Chongqing province, etc. where the electricity price is comparatively higher face greater pressure.
Market participants expect that the price will slightly rebound after a short time stability.
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