Chinese silicon market on road for possible recovery in 2d half of ’10

Jun 17, 2009 | 12:16 PM |

China's silicon metal prices could bottom out in the coming months and recovery is likely to come in the first half of next year, according to market participants.

"The market may bottom out during September to December as prices will come under more pressure with increased output after the rainy season in southern China," Yang Hua, a senior official at Shanghai Shenjia Ferroalloys Corp., said. "And the market may recover in the first half of 2010 when market inventory has been much consumed after the dry season and demand from the polycrystalline silicon market is likely to improve."....

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