Chinese silicon metal prices increased sharply in the last 2-3 days, with offers for the 553 grade heard at $1,400-1,410/t CIF West Coast India, while bids were at $1,330-1,350/t. China’s silicon metal prices surged due to widespread production cuts, with 90% of southern factories operating at 25% capacity. Losses persisted, but supply-side reforms and anti-dumping measures fuelled strong market confidence and steady price gains.
China: Silicon metal prices jump amid production cuts, supply-side reforms
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