| Platts assessed the spot price of 553-grade silicon metal imported into Japan at $1,630-$1,650/mt CIF Japan Thursday, up from $1,590-$1,620/mt CIF last week as some Chinese producers raised offers on output cuts. Japanese secondary aluminum alloy smelter Daiki Aluminium Industry on Wednesday closed a buy tender for over 800 mt/month of silicon metal for October-December delivery, sources said.
Some Chinese producers participated, offering less than $1,600/mt CIF Japan to win large volumes. But prices were higher in the spot market for 100-200 mt for September-October loading, Japanese traders said...............................................Full Article: Source
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