Latest Update in the SMM Silicon Market

According to South African customs statistics, South Africa exported 311,700 mt of high-carbon ferrochrome in July 2024, down 29,600 mt (8.67% MoM), up 72,100 mt (30.11% YoY).

According to South African customs statistics, South Africa exported 311,700 mt of high-carbon ferrochrome in July 2024, down 29,600 mt (8.67% MoM), up 72,100 mt (30.11% YoY).

Magnesium ingot production in China stayed stable MoM in August, up 36.2% YoY.

Under the influence of the weakened silicon metal market, most raw material prices have also dropped this year.

According to the SMM survey, the weekly production of sample silicon enterprises in Xinjiang (accounting for 79% of capacity) was 39,810 mt, with a weekly operating rate of 82%, which remained basically stable WoW.

SMM statistics show that as of September 6, the national social inventory of silicon metal totaled 476,000 mt, down by 3,000 mt WoW.

SMM data shows that China's lithium manganese oxide production increased in August 2024 month-on-month and year-on-year. The main reason is that......

On September 6, the price of silicon metal in east China stayed stable.