[Ferro-Alloys.com] Currently, China domestic silicon metal market went into a downward trend, so does export price, at present more southern regions execution price water period, but companies cut shutdown does not reduce, stop furnace production for small and medium enterprises mostly, the majority of large enterprises still clutching the production. Electricity prices, production costs increased and the current price has been hovering, there may be a risk of falling, the current understanding of the market is still a backlog of inventory and weak downstream demand.

Current market price is at a disadvantage: Yunnan area 421#, 3303#11300 yuan / ton -11400 yuan / ton, Xinjiang 421#11700 yuan / ton -11800 yuan / ton, 553# 10500 yuan / ton -10600 yuan / ton, Inner Mongolia 553#10300 yuan / ton -10400 yuan / ton, export price 441#1690 USD / ton -1710 / ton FOB, through oxygen 553#1640 USD / ton -1670 USD / ton FOB.

First quarter market;

The January in shutdown state, main producing areas in Yunnan, Sichuan, the two operating rates below 15%, and the implementation of low electricity prices; 2 in silicon metal enterprises operating rate is low, southwest of the main producing areas of the operating rate of less than three percent, in early February of silicon metal prices rose slightly, in late prices steady. In March the domestic silicon metal market will remain weak, prices fell after the first rise, and later declines fierce. Festival main producing region in south of operating rate has not been restored, although the wet period fell, but manufacturers started not positive, 3 in the overall domestic started rate of less than 50%. Market prices fell below the main, the end of 3 oxygen metal silicon 553# Kunming delivery prices in 12000-12200 yuan / ton, compared with the end of 1 fell by 200 yuan / ton; the end of 3 oxygen 553# Kunming delivery price in 12400-12600 yuan / ton, compared with the end of 1 fell by 400 yuan / ton.

Second quarter market

Due to the South six months into the wet period, operating rate rise in June, due mainly to the pre silicon metal prices decline, most manufacturers wait-and-see market, the startup operation has been in a delayed state, in Sichuan and Yunnan area in mid June operating rates rise, two in the second quarter of the whole industry and trade at about 40% rate, in the second quarter of Yunnan barrier oxygen 553# prices fell 1000 yuan / ton, oxygen 553# prices fell 1000 yuan / ton, prices continued to decline, in early April, downstream of organosilicon monomer plant purchase intention is not strong. At the same time, traders in the hands of have certain stock, most of organic silicon factory purchases fell sharply and efforts to lower prices enhancement.

Third quarter market

Third quarter means that by 2015 the start of the second half, and silicon metal prices but in July fell to historic lows, July in Sichuan and Yunnan area of silicon metal construction rate and capacity in July and has not been significantly improved, despite the increased the resumption of production enterprises. But by raw materials, electricity prices and market downturn factors affecting most of the production of oxygen 553# or a single production line, making the market supply increased, while the lower reaches of the purchase price and light for the past. Compared to the wet period last year, the price of electricity, Sichuan, Yunnan, the average price is about 5 cents cheaper. And the Yunnan area is not the price of oxygen 553# in the beginning of the month after the fall of the whole of July into a continuous decline, this month fell to 700 yuan / ton, the current price of some manufacturers have reached million mark. Throughout the domestic market, Xinjiang, Inner Mongolia, Yunnan, Sichuan four to the price of metal silicon to 200 yuan / ton.

• [Editor:tianyawei]