SHANGHAI, May 19 (SMM) – Silicon prices in China’s domestic market are likely to stabilize in May, Shanghai Metals Market foresees.
Falling supply will be a supporter to silicon prices, SMM says.
The price of oxygen-free #553 silicon metal dropped at a slower pace since the beginning of May following more closures in Chongqing, Hunan and Yunnan.
Continuous price declines and poor demand are major reasons behind their closures, SMM survey finds.
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