Q1-Q3 Exports of Chinese Ferrosilicon Surpassed the Total of 2013

There were several large ferrosilicon furnaces ranging from 25,500KVA to 40,500KVA into operation in China’s Ningxia Hui Autonomous Region and local government enabled more ferrosilicon producers to enjoy preferential power prices in September.

According to statistic National Bureau of Statistic of China, China export 89668.61 tons of silicon metal in September, up by 37.67% Y-O-Y, and materials were mainly shipped to S.Korea and Japan with quantities respectively at 16774.84 tons and 19993.79 tons. ...

According to statistic of Korea Customs, S.Korea imported 13,622 tons of silicon metal in September 2014, slightly up by 8.5% M-O-M and up by 80.4% Y-O-Y. The materials were mainly imported from China, Norway and Brazil with import volumes respectively at 1054...

Support Factors Lacked for FeSi Market Prices in China

The end of National Day Holiday meant the majority of early October was nearly over. HBIS and Shagang Group had released flat purchase prices of ferrosilicon for October delivery.

Offer and Contract Prices for the Purchase in Japan Remained Flat From Early September

According to the statistics of US International Trade Commission, America imported 14510 mt of silicon metal in August 2014, down by 23.4% M-O-M. The materials were mainly imported from Brazil (4229mt), South Africa (1950mt), Australia (1576mt), Canada (3606mt...