Yunnan Silicon Plants to Raise Offers Further Next Week, SMM Learns

Published: Jul 21, 2017 13:57
Transaction of high-priced high-grade silicon improved in recent days in Yunnan’s market, and silicon plants will raise offers further due to decent orders.

SHANGHAI, Jul. 21 (SMM) – Transaction of high-priced high-grade silicon improved in recent days in Yunnan’s market with traded price of #3303 at some plants at 12,800-12,900 yuan per tonne. Silicon plants in Yunnan will increase offers further in the coming week, SMM learns.

Steel Mills Are at Disadvantage on Si-Mg Alloy Price Struggle after Price Skyrockets, SMM Says

Silicon Buyers Show Divergent Purchase Interest, and Nanjing Steel Decides Purchase Price, SMM Reports

Some silicon grades prices kept rising on July 21, with traded price of #553 at 10,800 yuan per tonne. Silicon plants in face of decent orders have raised August’s orders to 11,000 yuan per tonne for now. Those plants expect silicon prices to rise further, and some silicon plants in south China even have stopped receiving orders and will not give offers until early August when market condition becomes clearer.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Global Uncertainties Drive Up Magnesium Freight Costs, Prices Rise in India and Netherlands
16 mins ago
Global Uncertainties Drive Up Magnesium Freight Costs, Prices Rise in India and Netherlands
Read More
Global Uncertainties Drive Up Magnesium Freight Costs, Prices Rise in India and Netherlands
Global Uncertainties Drive Up Magnesium Freight Costs, Prices Rise in India and Netherlands
[SMM Magnesium Express] On March 3, heightened global uncertainties triggered volatility in oil prices and shipping capacity, driving a rapid increase in freight costs. According to SMM data, magnesium ingot CIF India rose $60 to $2,540-2,600/mt, while CIF Netherlands edged up $10 to $2,510-2,580/mt. Amid price fluctuations, exporters and downstream buyers adopted a wait-and-see approach, seeking market stabilization. FOB Tianjin Port held steady at $2,450/mt.
16 mins ago
Silicon Metal Production Decreased in February Increased in March
39 mins ago
Silicon Metal Production Decreased in February Increased in March
Read More
Silicon Metal Production Decreased in February Increased in March
Silicon Metal Production Decreased in February Increased in March
Silicon metal production in February was 275,700 mt, down 26.6% MoM and 5% YoY. In terms of daily output, the average daily production in February decreased by about 19% MoM from January.It is projected that silicon metal production in March will increase to over 340,000 mt MoM, with an average daily production increase of approximately 13% MoM.
39 mins ago
Transaction Pushed Magnesium Prices Up, Today's Magnesium Prices Hold Up Well [SMM Analysis]
17 hours ago
Transaction Pushed Magnesium Prices Up, Today's Magnesium Prices Hold Up Well [SMM Analysis]
Read More
Transaction Pushed Magnesium Prices Up, Today's Magnesium Prices Hold Up Well [SMM Analysis]
Transaction Pushed Magnesium Prices Up, Today's Magnesium Prices Hold Up Well [SMM Analysis]
[Trading Pushes Magnesium Prices Upward, Today's Magnesium Prices Hold Up Well] The magnesium market today generally stable with slight rise. In the morning, on the supply side, magnesium plants showed strong sentiment to hold prices firm, with mainstream quotations concentrated at 16,700-16,800 yuan/mt. Some smaller plants were willing to ship at 16,600 yuan/mt, while market inquiries indicated a mediocre performance.
17 hours ago
Yunnan Silicon Plants to Raise Offers Further Next Week, SMM Learns - Shanghai Metals Market (SMM)