Chinese domestic ferrosilicon price continued to rise sharply from the National Day, it rose more than RMB700 per ton. However, in part of the main producing areas of ferrosilicon, there are more enterprises to increase and resume production because of the rising price. The increasing of operating rate may not be the good news to the ferrosilicon market. But in the short term, because of the need for strong and weak stimulation, the shortage of raw material, the rising costs and other favorable factors, ferrosilicon market will be continue strong, and it is expected to usher in a new high price in November.

From end of October,the price of silicon metal went up with other raw materials ,most of silicon factories will be out of market from early December gradually when Southeast China is in a period of lack of water,in that period there is high hydro-power rate.Factories all knew the situation and held the stocks ,they want to sell them at a higher price in future days.As a result,there were not enough stocks in market,so the price increased day by day,till now the price is higher about 700 Yuan RMB than price in middle of October, and it seems also on the up way.

IIn late Oct. 2016, the silicon carbide price rises 100-200RMB per MT. And due to production cost increasement, the black silicon carbide price becomes strong, but the green silicon carbide is very bad due to its large stock of raw material pieces. Meanwhile, the market of met. silicon carbide doesn't improve yet, but with the ferro silicon price continuing rising, which made more and more customers concerned about met. silicon carbide, and its price also rise slightly again.

In Oct. 2016, the price of petroleum coke is sharp rising, especialy low sulphur and mid sulphur petroleum coke, has raised 100-130RMB per , and due to the fees of inland transportation increasement, both of them make calcined petroleum coke rises more than 150RMB per MT, nevertherless, the supply still is not adequate to the demand, then the price rises 20-40RMB per MT again in the end Oct. Considering the price of aluminum is more than 14000RMB per MT, and the traditional winter reserve, will make the market supply further tensions, so the recent price may continue to rise.

According to the statistics from China Customs, China imported around 103,500t of pet coke (S<3.0%) in H1 2016, up by 124.2% year on year. The imports in June reached about 139,000t, down by 16.6% MOM while up by 162.6% YOY. China’s pet coke (S<3.0%) imports have continued to decrease in the past three months. Due to increasing demand for the American pet coke from India, prices for America-imported pet coke moved up in May and June, and average CIF prices for America-imported pet coke (S<3.0%) climbed from USD75/mt in April to USD87/mt in June. However prices for the material fell back in China from late May to late June based on sufficient supply, which was in contrast with the situation in the overseas market. Therefore, domestic traders reduced imports with cautions attitudes to make p...