lastest infromation for silicon metal 3303 in China domestic market
According to Ferroalloynet’s latest statistics, there are about 58 silicon metal factories that mainly produce silicon metal 3303. In May, 30 of the factories still hold the operation with 47 furnaces and the total output of silicon metal 3303 in China is about 23400 MT.
The total operating rate of silicon metal 3303 in China is over 50%, but the dropping market prices seems to increase the conflict of oversupply in the slow market. Now the mainstream price at port for silicon metal 553 is about 11000 RMB/MT. If the market continues the weak trend for a long time, we will have to face the fact that the factories may reduce the production.
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