PMBTECH

China's aluminum alloy ingot price faces strong increase

8 Oct 2021 11:40 reported by Jordan Huang

China’s power limited and restricted output policies both pressured the demand for the silicon metal, further caused the raw material prices to increase dramatically, including aluminum alloy ingot.

In the past two months, the metal silicon showed an around 300% increment, which further led the aluminum alloy ingot price to skyrocket.

By some of the sources, the domestic aluminum alloy ingot price in China this September has increased by nearly 20% within a month.

China's aluminum alloy ingot price faces strong increase

8 Oct 2021 11:40 reported by Jordan Huang

China’s power limited and restricted output policies both pressured the demand for the silicon metal, further caused the raw material prices to increase dramatically, including aluminum alloy ingot.

In the past two months, the metal silicon showed an around 300% increment, which further led the aluminum alloy ingot price to skyrocket.

By some of the sources, the domestic aluminum alloy ingot price in China this September has increased by nearly 20% within a month.

we don't greedy.. we just target over RM16++ closing today.

October 7, 202110:43 PM
Energy
Factbox: Power crunch pressures Europe's silicon and ferro alloy producers

LONDON, Oct 7 (Reuters) - Power shortages in Europe and record high electricity prices could lead to output cuts of key materials such as silicon used to make solar panels, aluminium alloys for the auto industry and semiconductors.

CRU analyst Jorn de Linde estimates Europe accounts for 13%-15% of global silicon production, or about 3 million tonnes. The power crunch may also trigger cuts in production of ferro alloys such as those made with magnesium, chromium and silicon.

https://www.reuters.com/business/energy/power-crunch-pressures-europes-silicon-ferro-alloy-producers-2021-10-07/

Congrate everyone..

feel great !!

our Tp close at RM16 today

hold tight

heard too

sure

上升股:齐力科技 阻力RM16.22

Author: Tan KW | Publish date: Wed, 6 Oct 2021, 8:01 AM

齐力科技（PMBTECH，7172，主板工业股）的日线交投走势于10月5日闭市时收14.96令吉，按日涨1.26令吉或9.20%。

短期上升阻力或会处于14.98至16.22令吉水平间。

5/10/21行情

闭市：14.96令吉

起落：+1.26令吉

成交量：17,763宗

最高：14.96令吉

最低：13.78令吉

本益比：135.262倍

毛周息率：0.067%

52周最高：14.96令吉

52周最低：2.52令吉

insas / SYF / MIECO suspended

Silicon metal and aluminum industries hit by China power shortages

A combination of booming demand for coal-fired power and a shortage of the black stuff – exacerbated by a political row with Australia – have forced up prices to the extent fossil fuel generators are making a loss on every unit of electricity they produce. pv magazine‘s Vincent Shaw considers the potential solutions.
October 4, 2021

https://www.pv-magazine.com/2021/10/04/silicon-metal-and-aluminum-industries-hit-by-china-power-shortages/

Silicon metal and aluminum industries hit by China power shortages

A combination of booming demand for coal-fired power and a shortage of the black stuff – exacerbated by a political row with Australia – have forced up prices to the extent fossil fuel generators are making a loss on every unit of electricity they produce. pv magazine‘s Vincent Shaw considers the potential solutions.
October 4, 2021

https://www.pv-magazine.com/2021/10/04/silicon-metal-and-aluminum-industries-hit-by-china-power-shortages/

Silicon metal and aluminum industries hit by China power shortages

A combination of booming demand for coal-fired power and a shortage of the black stuff – exacerbated by a political row with Australia – have forced up prices to the extent fossil fuel generators are making a loss on every unit of electricity they produce. pv magazine‘s Vincent Shaw considers the potential solutions.
October 4, 2021

https://www.pv-magazine.com/2021/10/04/silicon-metal-and-aluminum-industries-hit-by-china-power-shortages/

ceoshare@ i do hope so tis fri closed at RM16 good enough.

AJtheGreat this is not like glove counter.

hold PMBTECH for long term 3 to 5 years from now .

Previous Gloves is short term- less than one year due to covid 19.

hope every day up RM1 enough la

hold tight for long term la

10 cent to go...

count down RM15,

my target 30++

wow wow hold hold hold

Powerplay666 @ Genetec sure behind PMBTECH

go go go go RM15

Silicon metal shortage: Why semiconductor chips are so hard to find with everything from cars to consoles delayed A perfect storm of Covid-19, heightening tensions with China and climate change is being blamed. But how long will the silicon shortage last?

https://inews.co.uk/news/consumer/silicon-shortage-semiconductor-chips-why-cars-consoles-delayed-explained-1229981

Silicon metal shortage: Why semiconductor chips are so hard to find with everything from cars to consoles delayed A perfect storm of Covid-19, heightening tensions with China and climate change is being blamed. But how long will the silicon shortage last?

https://inews.co.uk/news/consumer/silicon-shortage-semiconductor-chips-why-cars-consoles-delayed-explained-1229981

Silicon metal shortage: Why semiconductor chips are so hard to find with everything from cars to consoles delayed

https://inews.co.uk/news/consumer/silicon-shortage-semiconductor-chips-why-cars-consoles-delayed-explained-1229981

Silicon shortage: Why semiconductor chips are so hard to find with everything from cars to consoles delayed

https://inews.co.uk/news/consumer/silicon-shortage-semiconductor-chips-why-cars-consoles-delayed-explained-1229981

sure no related

hold tight pls

HamsterHuat@ now Iconic & Mah Sing @ Emmetal can produce gloves now.....lelong lelong

Silicon metal and aluminum industries hit by China power shortages

A combination of booming demand for coal-fired power and a shortage of the black stuff – exacerbated by a political row with Australia – have forced up prices to the extent fossil fuel generators are making a loss on every unit of electricity they produce. pv magazine‘s Vincent Shaw considers the potential solutions.
October 4, 2021

https://www.pv-magazine.com/2021/10/04/silicon-metal-and-aluminum-industries-hit-by-china-power-shortages/

Silicon metal and aluminum industries hit by China power shortages

A combination of booming demand for coal-fired power and a shortage of the black stuff – exacerbated by a political row with Australia – have forced up prices to the extent fossil fuel generators are making a loss on every unit of electricity they produce. pv magazine‘s Vincent Shaw considers the potential solutions.
October 4, 2021

https://www.pv-magazine.com/2021/10/04/silicon-metal-and-aluminum-industries-hit-by-china-power-shortages/

hello Buddies.... ..huat ah.....very happy

hello Mr skyhin @ Glove is OVER SUPPLY- gloves everyone can produce now

PMBTECH - Will it become the next Genetec?

Author: EagleEyed | Publish date: Sat, 2 Oct 2021, 5:32 PM

https://klse.i3investor.com/blogs/EagleEyed/2021-10-02-story-h1591871253-PMBTECH_Will_it_become_the_next_Genetec.jsp

PMBTECH - Will it become the next Genetec?

Author: EagleEyed | Publish date: Sat, 2 Oct 2021, 5:32 PM


https://klse.i3investor.com/blogs/EagleEyed/2021-10-02-story-h1591871253-PMBTECH_Will_it_become_the_next_Genetec.jsp

PMBTECH - Will it become the next Genetec?

Author: EagleEyed | Publish date: Sat, 2 Oct 2021, 5:32 PM

https://klse.i3investor.com/blogs/EagleEyed/2021-10-02-story-h1591871253-PMBTECH_Will_it_become_the_next_Genetec.jsp

PMBTECH

Silicon Metal’s 300% Surge Throws Another Price Shock at the World

https://www.bloomberg.com/news/articles/2021-10-01/silicon-s-300-surge-throws-another-price-shock-at-the-world?srnd=premium-asia

PMBTECH

Silicon Metal’s 300% Surge Throws Another Price Shock at the World


https://www.bloomberg.com/news/articles/2021-10-01/silicon-s-300-surge-throws-another-price-shock-at-the-world?srnd=premium-asia

WOW....Silicon Metal’s 300% Surge Throws Another Price Shock at the World .

https://www.bloomberg.com/news/articles/2021-10-01/silicon-s-300-surge-throws-another-price-shock-at-the-world?srnd=premium-asia

hold tight

buy PMBTECH

Asian silicon buyers flood Europe to secure supply

Published date: 29 September 2021
Share:

Asia-Pacific silicon consumers are flooding into the European market seeking spot cargoes, after their Chinese suppliers halted supply because of output cuts at the country's major production hubs.

European producers and traders received a large range of offers from Asian buyers, competing with their usual European customers for spot silicon metal volumes.

"I'm receiving calls from buyers in Taiwan, Japan, India and South Korea. I could easily sell all our production quantity to Asia right now," said one European producer. "But I have to serve my European customers on contracts, our focus is mainly Europe and Japan."

Most producers were focused on delivering on their contractual obligations, but some had small volumes available on the spot market. One western European producer sold several small lots of 5-5-3 grade metal to a South Korean buyer at $8,000/t (€6,863/t) cif Busan.

Traders offered higher prices linked to the Chinese export price but offers above this price were firmly rejected. One trader offered 3-3-0-3 grade metal to a Taiwanese buyer at €9,000/t in warehouse but was rejected. Chinese export prices for 5-5-3 grade silicon metal were assessed at $8,900-8,950/t fob (€7,616-7,658/t).

European buyers also scramble

Several large primary aluminium producers have also entered the spot market alongside secondary aluminium and chemical siloxane producers, pushing European prices higher.

Prices for 5-5-3 grade silicon metal were up at €5,400-5,600/t ddp on 28 September, an increase of €900/t from the previous assessment at €4,500-4,700/t ddp on 23 September. Prices for 4-4-1 grade metal were assessed at €5,600-5,800/t ddp on 28 September, also up by €900/t from €4,700-4,900/t on 23 September. The market for 3-3-0-3 grade was assessed up at €5,800-6,000/t ddp.

One producer sold 75t of 3-3-0-3 grade metal to an existing customer in Europe at €5,975/t ddp. Market participants expect prices to continue rising in the coming days as competition for spot volumes heats up.

Secondary aluminium and large primary and alloy producers were more comfortable absorbing price rises than chemical producers because silicon metal is a smaller proportion of their raw material costs.

Aluminium-silicon alloys contain 5-25pc silicon, with the most commonly used containing 8-12pc. Chemical producers require around 0.5t of silicon metal to produce 1t of siloxane, while polysilicon producers require 1t of metal to produce around 1t of polysilicon.

Consumers were also eager to secure material for the first and second quarter of 2022 at the earliest to avoid higher prices in the traditional October-November contract negotiation period. European producers said that consumers, usually buying from China, are negotiating with them for first-half 2022 supply, anticipating a protracted disruption in China from energy curbs and ahead of the Winter Olympics in Beijing in February.

"I think the problem is more of a structural issue, people are looking for longer-term contracts because of expected difficulty over the next year and fears over China's energy plans. Some are cautious for the full year, but less willing to commit as prices could come down further on," one European producer said.

By Thomas Kavanagh

Asian silicon buyers flood Europe to secure supply

Published date: 29 September 2021
Share:

Asia-Pacific silicon consumers are flooding into the European market seeking spot cargoes, after their Chinese suppliers halted supply because of output cuts at the country's major production hubs.

European producers and traders received a large range of offers from Asian buyers, competing with their usual European customers for spot silicon metal volumes.

"I'm receiving calls from buyers in Taiwan, Japan, India and South Korea. I could easily sell all our production quantity to Asia right now," said one European producer. "But I have to serve my European customers on contracts, our focus is mainly Europe and Japan."

Most producers were focused on delivering on their contractual obligations, but some had small volumes available on the spot market. One western European producer sold several small lots of 5-5-3 grade metal to a South Korean buyer at $8,000/t (€6,863/t) cif Busan.

Traders offered higher prices linked to the Chinese export price but offers above this price were firmly rejected. One trader offered 3-3-0-3 grade metal to a Taiwanese buyer at €9,000/t in warehouse but was rejected. Chinese export prices for 5-5-3 grade silicon metal were assessed at $8,900-8,950/t fob (€7,616-7,658/t).

European buyers also scramble

Several large primary aluminium producers have also entered the spot market alongside secondary aluminium and chemical siloxane producers, pushing European prices higher.

Prices for 5-5-3 grade silicon metal were up at €5,400-5,600/t ddp on 28 September, an increase of €900/t from the previous assessment at €4,500-4,700/t ddp on 23 September. Prices for 4-4-1 grade metal were assessed at €5,600-5,800/t ddp on 28 September, also up by €900/t from €4,700-4,900/t on 23 September. The market for 3-3-0-3 grade was assessed up at €5,800-6,000/t ddp.

One producer sold 75t of 3-3-0-3 grade metal to an existing customer in Europe at €5,975/t ddp. Market participants expect prices to continue rising in the coming days as competition for spot volumes heats up.

Secondary aluminium and large primary and alloy producers were more comfortable absorbing price rises than chemical producers because silicon metal is a smaller proportion of their raw material costs.

Aluminium-silicon alloys contain 5-25pc silicon, with the most commonly used containing 8-12pc. Chemical producers require around 0.5t of silicon metal to produce 1t of siloxane, while polysilicon producers require 1t of metal to produce around 1t of polysilicon.

Consumers were also eager to secure material for the first and second quarter of 2022 at the earliest to avoid higher prices in the traditional October-November contract negotiation period. European producers said that consumers, usually buying from China, are negotiating with them for first-half 2022 supply, anticipating a protracted disruption in China from energy curbs and ahead of the Winter Olympics in Beijing in February.

"I think the problem is more of a structural issue, people are looking for longer-term contracts because of expected difficulty over the next year and fears over China's energy plans. Some are cautious for the full year, but less willing to commit as prices could come down further on," one European producer said.

By Thomas Kavanagh

Asian silicon buyers flood Europe to secure supply

Published date: 29 September 2021
Share:

Asia-Pacific silicon consumers are flooding into the European market seeking spot cargoes, after their Chinese suppliers halted supply because of output cuts at the country's major production hubs.

European producers and traders received a large range of offers from Asian buyers, competing with their usual European customers for spot silicon metal volumes.

"I'm receiving calls from buyers in Taiwan, Japan, India and South Korea. I could easily sell all our production quantity to Asia right now," said one European producer. "But I have to serve my European customers on contracts, our focus is mainly Europe and Japan."

Most producers were focused on delivering on their contractual obligations, but some had small volumes available on the spot market. One western European producer sold several small lots of 5-5-3 grade metal to a South Korean buyer at $8,000/t (€6,863/t) cif Busan.

Traders offered higher prices linked to the Chinese export price but offers above this price were firmly rejected. One trader offered 3-3-0-3 grade metal to a Taiwanese buyer at €9,000/t in warehouse but was rejected. Chinese export prices for 5-5-3 grade silicon metal were assessed at $8,900-8,950/t fob (€7,616-7,658/t).

European buyers also scramble

Several large primary aluminium producers have also entered the spot market alongside secondary aluminium and chemical siloxane producers, pushing European prices higher.

Prices for 5-5-3 grade silicon metal were up at €5,400-5,600/t ddp on 28 September, an increase of €900/t from the previous assessment at €4,500-4,700/t ddp on 23 September. Prices for 4-4-1 grade metal were assessed at €5,600-5,800/t ddp on 28 September, also up by €900/t from €4,700-4,900/t on 23 September. The market for 3-3-0-3 grade was assessed up at €5,800-6,000/t ddp.

One producer sold 75t of 3-3-0-3 grade metal to an existing customer in Europe at €5,975/t ddp. Market participants expect prices to continue rising in the coming days as competition for spot volumes heats up.

Secondary aluminium and large primary and alloy producers were more comfortable absorbing price rises than chemical producers because silicon metal is a smaller proportion of their raw material costs.

Aluminium-silicon alloys contain 5-25pc silicon, with the most commonly used containing 8-12pc. Chemical producers require around 0.5t of silicon metal to produce 1t of siloxane, while polysilicon producers require 1t of metal to produce around 1t of polysilicon.

Consumers were also eager to secure material for the first and second quarter of 2022 at the earliest to avoid higher prices in the traditional October-November contract negotiation period. European producers said that consumers, usually buying from China, are negotiating with them for first-half 2022 supply, anticipating a protracted disruption in China from energy curbs and ahead of the Winter Olympics in Beijing in February.

"I think the problem is more of a structural issue, people are looking for longer-term contracts because of expected difficulty over the next year and fears over China's energy plans. Some are cautious for the full year, but less willing to commit as prices could come down further on," one European producer said.

By Thomas Kavanagh

Asian silicon buyers flood Europe to secure supply

Published date: 29 September 2021
Share:

Asia-Pacific silicon consumers are flooding into the European market seeking spot cargoes, after their Chinese suppliers halted supply because of output cuts at the country's major production hubs.

European producers and traders received a large range of offers from Asian buyers, competing with their usual European customers for spot silicon metal volumes.

"I'm receiving calls from buyers in Taiwan, Japan, India and South Korea. I could easily sell all our production quantity to Asia right now," said one European producer. "But I have to serve my European customers on contracts, our focus is mainly Europe and Japan."

Most producers were focused on delivering on their contractual obligations, but some had small volumes available on the spot market. One western European producer sold several small lots of 5-5-3 grade metal to a South Korean buyer at $8,000/t (€6,863/t) cif Busan.

Traders offered higher prices linked to the Chinese export price but offers above this price were firmly rejected. One trader offered 3-3-0-3 grade metal to a Taiwanese buyer at €9,000/t in warehouse but was rejected. Chinese export prices for 5-5-3 grade silicon metal were assessed at $8,900-8,950/t fob (€7,616-7,658/t).

European buyers also scramble

Several large primary aluminium producers have also entered the spot market alongside secondary aluminium and chemical siloxane producers, pushing European prices higher.

Prices for 5-5-3 grade silicon metal were up at €5,400-5,600/t ddp on 28 September, an increase of €900/t from the previous assessment at €4,500-4,700/t ddp on 23 September. Prices for 4-4-1 grade metal were assessed at €5,600-5,800/t ddp on 28 September, also up by €900/t from €4,700-4,900/t on 23 September. The market for 3-3-0-3 grade was assessed up at €5,800-6,000/t ddp.

One producer sold 75t of 3-3-0-3 grade metal to an existing customer in Europe at €5,975/t ddp. Market participants expect prices to continue rising in the coming days as competition for spot volumes heats up.

Secondary aluminium and large primary and alloy producers were more comfortable absorbing price rises than chemical producers because silicon metal is a smaller proportion of their raw material costs.

Aluminium-silicon alloys contain 5-25pc silicon, with the most commonly used containing 8-12pc. Chemical producers require around 0.5t of silicon metal to produce 1t of siloxane, while polysilicon producers require 1t of metal to produce around 1t of polysilicon.

Consumers were also eager to secure material for the first and second quarter of 2022 at the earliest to avoid higher prices in the traditional October-November contract negotiation period. European producers said that consumers, usually buying from China, are negotiating with them for first-half 2022 supply, anticipating a protracted disruption in China from energy curbs and ahead of the Winter Olympics in Beijing in February.

"I think the problem is more of a structural issue, people are looking for longer-term contracts because of expected difficulty over the next year and fears over China's energy plans. Some are cautious for the full year, but less willing to commit as prices could come down further on," one European producer said.

By Thomas Kavanagh

Minutes of 19th Annual General Meeting PMBTECH
http://www.pmbtechnology.com/?cat=231

Minutes of 19th Annual General Meeting PMBTECH
http://www.pmbtechnology.com/?cat=231