The entire silicon metal market recovered significantly after the introduction of new electricity price in different places, and the offer is firm.
The mainstream offer of silicon metal: 553#11300-11400yuan/ton,441#12200-12400yuan/ton,3303#12700-12800yuan/ton.
It’s learned that manufacturers in Fujian province, etc. don’t stop production except for Hunan, Chongqing provinces, etc. A manufacturer in Henan province said, the production date has been postponed, because they can’t stand the high electricity price. The offers of manufacturers in different places are firm, and some manufacturers stop or reduce production to wait and see.
According to market participants, silicon metal market will recover recently.
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