{Ferro-Alloys.com} Since in August, China domestic silicon metal price ended continued to decline in July, this week, silicon metal price temporarily stabilized, due to the downturn operating rate fell slightly, and Xinjiang, Inner Mongolia, Yunnan, Sichuan operating rate is basic to flat fell slightly by 1% in July, for production cost for Yunnan, Sichuan price whole August electricity price down about 2 cents, enterprise the pressure eased, market supply and demand tension remains significant. This week, low grade metal silicon 553# price is in a strong phase, the current price oxygen 553# without oxygen RMB9800 / MT-1000 / MT Yunnan, while Huangpu port price  RMB10000 / MT -10100 / MT, domestic 553# with oxygen price RMB 10200 / MT -10500 / MT, manufacturers are currently on the price is not relaxed, but the short-term China price rose difficult. At the same time, chemical grade metal silicon is currently in the stage of light.

The overall August export market is slow, although the RMB exchange rate fluctuations, and the majority of traders said the recent inquiry increased, good export, so China traders can more and foreign customers to exchange purchases in the fourth quarter, the current export price of 553# without oxygen FOB1610 dollars / ton, down 20 U. S. dollars / ton, 441# was 1770USD/mt to 1800 USD / mt, down nearly 30 dollars / ton.

The price in this week:

Good news:

From Jan to Jul, silicon metal exported large amount 446157.35 mt, decreased by 6.1%Y-O-Y, and in July, silicon metal exported 74041.32 mt, increased by 10.62% M-O-M, and decreased by 12.9% Y-O-Y, and the total value increased by 7.47% M-O-M, and Japan imported increased by 6.3% M-O-M, decreased by 0.7% Y-O-Y, and Korea imported increased by 18.4% M-O-M, decreased by 21.68% Y-O-Y.

The late market: the next week will go into Sep, it may increased and one is that the cost price line and even some industries made few profit, and it was normal that some high electricity price like Hunan and Guizhou stop production, so the market supply may become few.

• [Editor:tianyawei]