SMM review of silica market last week

The price of silica remained stable, and the overall market supply and demand did not change much during the week. During the week, some production capacity of industrial silicon in the north resumed production, and operating rates rose slightly. However, as silicon factories still have silica inventory, the growth of demand for silica will be insignificant in the short term.

However, higher operating rates in south China tightened supply of high-grade silica, keeping prices at a high level. Ex-factory prices in major producing areas: 400-430 yuan/mt for high-grade silica in Inner Mongolia; 400-470 yuan/mt for high-grade silica in Hubei; 320-350 yuan/mt for low-grade silica in Yunnan

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