Industrial silicon recent spot market prices rise slightly

Last week, the industrial market as a result of industrial silicon silicon production cost to increase the overall Slight rise. Of which 553 silicon metal per ton FOB price for 1120-1140 and 441 dollars for 1160- 1,180 U.S. dollars. Because of improper hearsay affected by the tariff. Because many customers worried that industrial silicon charge export tariffs and advance add enough stock makes industrial silicon relatively early stage big rise, but clearly not levy export tariffs on industrial silicon, silicon metal prices rise gradually slow down, Recent industrial output silicon as little change supply and demand has stabilized.
Silicon metal market in Europe because of supply constraints and buoyant demand, so that the prices at the end of last year continued to rise after King high point is still a strong trend : and because there is no indication that the supply will be significantly increased, the strong short-term market movements will be hard to slow down.
Although market prices tend to rise, but because of the energy shortage. Spain silicon metal producer Atlantic ferroalloy company branches in France recently remained closed all the smelting furnace. And Norway Fesil company is facing the problem of power shortage and Aierkemu companies to be closed by the end of the annual production capacity has reached 25,000 tons of smelting furnace, but estimates the near future to resume production. In North America, some of the major producers such as global metallurgical companies and Silicon than Kankeer anvil companies are due to inadequate supply of electricity by the impact. Although Brazil manufacturers reached full capacity, it is difficult for the market to make up for the shortfall. Kazakhstan is about to enter the international market of silicon metal. Producer for LLP companies, investment 60 million euros from Germany Thyssen Krupp company to buy equipment, Annual production capacity of 2.5 million tons, 2008 was completed and put into trial operation.
Light of the above. With European producers and the recent delivery of the second quarter of this year prices for metal silicon, corresponding strongly compressed spot market sales, the European market is still more recent price increases. It is understood that the second quarter of this year the European market transaction price per ton to further improve the 20-30 euros As a result, the new bid of 553 silicon metal prices in 1430-1480 euros per ton and 441 to a tonne 500-1550 euros. It is estimated that the American market may silicon metal prices relatively stable in 2016-2128 dollars per ton. Most of the customers this year bid contract to meet basic needs, the spot market price fluctuations will not be too great.