US Si Metal Prices Rose Markedly on Reduced Output of Suppliers

Chinese silicon metal market kept stable in the first 10-day of July with prices of products being firm except for slightly decrease for 553#.

Chinese calcium carbide market kept stable in July with general supply damand. The ex-work price of calcium carbide （Grade I） in the main regions were as follows

[Ferro-Alloys.com]Overseas APT price stabilized amid weak demand.

[Ferro-Alloys.com] In recent period, price of silicon manganese failed to show dramatic change. On the one hand, steelmills further entended payment period to alloy suppliers due to increasing capital pressure,

[Ferro-Alloys.com]Ganzhou Tungsten Association released the indication floor price for APT at RMB-/mt by acceptance, unchanged from that of June.

Because of the weak demand, the low FeNi price continued to decline since middle of June in Chinese market. On July 9th, 2014, the low FeNi price was quoted at RMB3000-3100/mt, RMB550/mt lower than ever.

[Ferro-Alloys.com]It is reported that Australian miner CML already released new round manganese ore shipment to China.