Copying and distributing are prohibited without permission of the publisher

China's silicon export prices firm on prospect of power shortages

June 15, 2011 - 09:02 GMT Location: Shanghai

KEYWORDS: China , silicon , prices , power

China’s silicon exporters expect to raise prices higher in coming weeks, with the prospect of unseasonally high power costs

Offer prices advanced this week to $2,550-2,580 per tonne fob for grade 553 silicon metal this week, compared with $2,480-2,550 per tonne last week. “It seems that producers are very confident about the market outlook, and they feel that prices will be able to rise later on,” said an exporter in southern China. But transactions were slower this week, and the impetus...

All material subject to strictly enforced copyright laws. © Euromoney Institutional Investor PLC.

Please log in using your online subscriber details.
Your username will be your registered email address with Metal Bulletin.

If you aren't a subscriber yet, feel free to take a seven day free trial, or subscribe using the instructions below.

A standard subscription include one year's worth of news and prices. You can also upgrade to the full archive and benefit from more than 13 years of intelligence. Start your subscription today.

Free trial

Taking a free trial will give you open access to Metal Bulletin online news, prices, archived content and email alert service for the next seven days. Start your free trial today.

Free trial

Already have an account?

Minor & Precious Metals

May 24, 2012 00:15 PolyMet expects review by 1st qtr.
May 24, 2012 00:12 Electrolytic manganese sale price irks market
May 23, 2012 19:51 Trevali buys mill to ease Halfmile start-up
May 23, 2012 17:01 MB NON-FERROUS PRICE CHANGES
May 23, 2012 15:47 Ferro-titanium prices dwindle as suppliers lower ambitions

Comment & analysis

EXPERT VIEW FROM ERNST & YOUNG: Horror week favours the brave

Seven days is a long time in the investment world, but last week must have felt longer than most.
COMMENT: When super-cycle poster child BHP Billiton trims its plans...

BHP Billiton is one of the poster children for the commodities super-cycle: a mining company whose immense upstream assets in copper and iron ore have fed the industrialisation of China since the early years of the 21st century and enabled it to return $52 billion to shareholders between 2001 and 2011.
LORD COPPER: There is nothing to fear after JP Morgan loss ...

So, here we go again. Another bank, another huge trade gone bad. This one doesn’t even appear to have been a case of rogue trading; a whole desk seems to have been operating with the full knowledge of the management and/or risk committee.