On October 30, Japan Aluminium Alloy Refiners Association released the result of demand & supply for silicon metal and the result of production of secondary aluminium alloy products in September 2014.

According to statistic of Japan Customs, Japan imported 18385 tons of silicon metal in September, up by 20.2% Y-O-Y. The materials were mainly imported from China with import volume at 17940 tons.

Q1-Q3 Exports of Chinese Ferrosilicon Surpassed the Total of 2013

There were several large ferrosilicon furnaces ranging from 25,500KVA to 40,500KVA into operation in China’s Ningxia Hui Autonomous Region and local government enabled more ferrosilicon producers to enjoy preferential power prices in September.

According to statistic National Bureau of Statistic of China, China export 89668.61 tons of silicon metal in September, up by 37.67% Y-O-Y, and materials were mainly shipped to S.Korea and Japan with quantities respectively at 16774.84 tons and 19993.79 tons. ...

According to statistic of Korea Customs, S.Korea imported 13,622 tons of silicon metal in September 2014, slightly up by 8.5% M-O-M and up by 80.4% Y-O-Y. The materials were mainly imported from China, Norway and Brazil with import volumes respectively at 1054...

Support Factors Lacked for FeSi Market Prices in China

The end of National Day Holiday meant the majority of early October was nearly over. HBIS and Shagang Group had released flat purchase prices of ferrosilicon for October delivery.