China's Export Market for Silicon And Calcium Transactions Are Very Small

Export prices for China's silicon and calcium 30-60 fell $20 a tonne from early last week to $1,280-1 and $330 a tonne now, weighed down by falling domestic prices. Considering that it is a holiday abroad and the production cost is high, the insiders believe that the export price of silicon and calcium in China will remain weak and stable next week.

"I am currently offering $1,350 / ton for export of silicon and calcium 30-60 for 14-day China offshore wire transfer, with the minimum acceptable price at $1,330 / ton, down $20 / ton from the beginning of last week," a producer in northern China said on Thursday. "Turkey earlier this week a customer offer $1330 / ton cif price Turkey purchasing 150 tons, but my bottom line price is $1400 / ton cif, Turkey, including freight $70 / ton," the source also said that his early last week to $1370 / ton cif price India sold 200 tons, including freight $20 / tons, due to the decline in home prices are due to weak demand 20 dollars/tons, so he can accept at most 20 dollars/tons of counter-offer. Because it is Christmas abroad and production costs are high, he thinks prices will remain weak next week.

The producer, which has an annual capacity of 43,000 tons, produced 2,400 tons in November and is expected to increase that to 3,000 tons in December because it resumed production of a 30,000kva furnace in early December and has 300 tons in stock. The factory has three 30,000kva ovens, all of which are currently in production. A trader in northern China said he was currently offering exports of silicon and calcium 30-60 for $1,320 a ton offshore China, down $20 a ton from the base price at the start of last week, with no deals this week. "Earlier this week a customer wants to buy 120 tons, after I give him quote us the bottom price has not received a reply, largely because of weak holiday market," the source said Thursday that he was two weeks ago to $1380 / ton to busan port exports of 100 tons for the price of the products, including freight $8 / ton, all Chinese producers can now accept $20 per ton counter-offer to promote sales. He noted that his trade volumes fell 30 per cent in December from a month earlier as overseas demand weakened, while most producers were in the red because of high market costs. He believes that the price of silicon and calcium in China will remain weak in the next week.

The trader is a regular monthly trader of 300 tons, sold 300 tons in November, and is expected to sell 200 tons in December, because overseas demand is weakening and there is no inventory at present.