Some standard silicon companies loosened offers amid modest transactions [SMM Silicon Daily Review]

Today, silicon metal prices in East China held largely stable, with standard #553 silicon metal prices at 12,900-13,100 yuan/mt, above-standard #553 silicon metal prices at 13,000-13,200 yuan/mt, and #421 silicon metal prices at 13,500-13,700 yuan/mt. As Sichuan officially entered the rainy season, the supply of silicon metal increased. Recently, many silicon plants reported that silicon buyers pressed down prices more strongly. Some standard silicon companies reduced offers by 50-100 yuan/mt from a week ago, but most silicon companies kept offers stable. The silicon market remained in a stalemate, with transactions in the spot market remaining sluggish.