SHANGHAI, Jul. 6 (SMM) – Silicon metal producers in major producing regions acted to raise prices after Yunnan producers did so, Shanghai Metals Market learns.
Silicon Traders Face a Dilemma after Producers Raise Prices, and Power Price in Dehong Rises, SMM Reports
On July 6, silicon metal plants in Chongqing, Guizhou, and Sichuan lifted prices, with port price for #553 up by 100-200 yuan per tonnes. Their price hike echoed price increases by silicon metal producers in Yunnan.
Overall trading, however, was thin, as price hikes raised market caution.
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