Platts assessed the spot price of 553-grade 98.5% silicon metal at $2,130-2,160/mt CIF Japan Thursday, narrowing from $2,120-2,200/mt CIF last week in thin trade ahead of Japanese public holidays over May 3-6.

There was no Chinese export price assessment Thursday due to Labor Day public holidays in China and Singapore.

One Japanese trader reported receiving offers at $2,150/mt CIF Japan or below from Chinese sellers this week. A second Japanese trader reported a sales indication from China, but not a firm offer, at $2,190/mt CIF Japan.

Two other Japanese traders, who were not in the market this week, put their price ideas at $2,150-2,160/mt CIF Japan.

• [Editor:Ginna]