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Silicon Metal market witnessed stability in China as prices remained unchanged on a weekly basis in late September. The US market has also experienced stable prices as supply and demand reached an equilibrium.
Key Highlights:
In the week concluding on September **, silicon metal prices experienced stability under slight downward movement. Northern silicon companies remained active and willing to sell for several hours, with several offering sharper prices than trading companies trading in both the spot and futures sectors. The increase in spot transactions over the current week was slower than market futures.
On the inventory side, total silicon metal inventories were ***,*** mt as of September **, an increase of *,*** mt WoW. Silicon metal inventories included ***,*** mt in general social warehouses (an increase of *,*** mt WoW) and ***,*** mt in social delivery warehouses (which include unregistered warrants and...
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