SMM, December 30: Silicon metal prices in east China remained stable, with standard #553 silicon metal at 11,200-11,300 yuan/mt, above-standard #553 silicon metal at 11,300-11,400 yuan/mt, and #421 silicon metal at 11,800-12,200 yuan/mt. As the year-end approaches, downstream buyers of silicon metal showed lukewarm sentiment for pre-holiday stockpiling, with some end-user enterprises indicating that pre-holiday stockpiling has largely concluded. Overall demand for silicon metal remained weak, with limited market orders and transactions. Silicon prices held steady in weakness today. Some silicon producers reported expectations for production cuts due to maintenance next month, with the operating rate of the silicon metal industry expected to weaken further in January 2025.
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