Export Volume Of Silicon Metal Decreased In June, Cumulative Export Volume In The First Half Of The Year Decreased By 18% Year-On-Year

Published: Jul 24, 2023 17:06

Source: SMM

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According to customs data, China silicon metal exports in June 2023 were 48,000 mt, down 2% MoM and down 18% YoY. Exports totalled 288,000 mt from January to June, a decrease of 18% YoY.

Those exports in May went to 48 countries and regions, and the exports to the top ten destinations totalled 41,000 mt, accounting for 85%. Among them, the top five destinations were UAE, Japan, South Korea, India and Malaysia, and the export volume accounted for 64% of the total.

Export orders of silicon metal such as #4402, #3303, etc. were delayed due to market conditions and other factors. Price competition in both the domestic and export market is fierce, troubling export traders.

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