SMM Solar Cell Silver Paste Price Review

The prices of solar cell rear-side silver paste were between 4,127-4,168 yuan/kg this week, versus 6,301-6,364 yuan/kg for solar cell front-side busbar silver paste, and 7,066-7,131 yuan/kg for solar cell front-side finger silver paste. There were only two trading days last week due to the Labour Day holiday. A combination of factors, such as escalated US banking crisis, changing monetary policy, growing geopolitical risks, and worsening inflation, attracted more bulls into the silver market during the holiday. The US Federal Reserve announced to raise interest rates by 25 basis points, in line with market expectations. Silver powder and paste producers stocked up ahead of the Labour Day holiday as they maintained normal production during the holiday. However, they barely made purchases after the holiday as rising silver prices kept them on the sidelines.