Metallurgical Silicon to Rise Slowly, and Chemical Silicon to Keep Surging, SMM Foresees

Published: Aug 29, 2017 14:29 (GMT+8)

Save

So far this week, price rise in metallurgical-grade silicon metal market is slowing, SMM learns.

SHANGHAI, Aug. 29 (SMM) – So far this week, price rise in metallurgical-grade silicon metal market is slowing, SMM learns.

Suppliers show higher interest in sales, but this generated low downstream response. Some silicon metal producers and traders actively made offers to buyers. Despite this, the rising momentum still carries on in metallurgical-grade silicon metal market, and prices are not expected to fall in the short term, but to rise at a slower pace, SMM notes.

China Reports Big Rise in Silicon Metal Exports YoY in July

In the chemical-grade silicon metal market, there is high chance for price to keep advancing. Chemical-grade silicon metal is usually supplied in term contracts each month, and this will lead to concentrated purchases at month end. This, coupled with bullish sentiment and supply shortages, will bolster up market prices.

The price gap between metallurgical and chemical-grade silicon metal, which are close in grades, will be also narrowed to a relatively normal level as a result.

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

silicon metal silicon metal price

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 for 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

2 mins ago

【Flash | Industeel Trims October Surcharges Across Mo-Bearing Stainless Grades】

Industeel, part of ArcelorMittal had recently updated its October stainless alloy surcharges. 316L/316LN fell 0.9% MoM to €3,684/t, 316LMo 0.7% to €4,115/t, 317L 0.7% to €4,758/t and 904L 1.0% to €6,768/t. 2205+ and 2507 were nearly flat at €3,724/t and €4,389/t, while UR 254 eased to €7,147/t. The schedule excludes energy surcharge.

2 mins ago

1 hour ago

【Flash | Semtech Adds Cleanroom Space as InP Photonics Demand Ramps】

Semtech said in its Aug. 25 earnings presentation that its data-center photonics portfolio spans gain chips, high-power CW lasers, SOAs and high-speed photodiodes, while it has secured FY2027 equipment deliveries and acquired additional cleanroom space. Semtech acquired HieFo in March, adding US-based InP gain-chip and DFB-laser manufacturing. Q2 FY2027 data-center sales reached $100 million, up 39% QoQ and 91% YoY; Q3 sales are targeted to rise 45% QoQ and 160% YoY. SMM believes the buildout supports medium-term demand for InP and high-purity indium, although no nameplate capacity or indium consumption was disclosed.

1 hour ago

18 hours ago

[SMM Chromium Flash] Global Chrome Ore Departures Fall 2.74% WoW to 642,500 mt, Maputo Rebounds

Global chrome ore departures totaled 642,500 mt in the week ended October 2, down 2.74% week-on-week, according to SMM's latest data. The modest headline decline masks a significant reshuffling beneath the surface, as a sharp rebound at Maputo was offset by pullbacks at Richards Bay and Mersin. Maputo departures rose to 488,800 mt from 340,200 mt, a 43.68% increase that lifted the port's share of total departures back to roughly 76% from about 51.5% a week earlier, reversing the prior week's shift toward a more distributed export mix. Richards Bay fell to 95,700 mt from 227,800 mt, a 57.99% decline that gave back the bulk of the prior week's rebound, while Mersin eased 31.52% to 58,000 mt from 84,700 mt. Beira again recorded no chrome ore departures, remaining inactive for a fourth consecutive week. The week's data points to a reversion toward the more Maputo-concentrated flow pattern seen through most of August and September, with the prior week's broader distribution across ports proving short-lived. Whether Richards Bay's pullback reflects a one-off after an unusually strong prior week or a return to its more intermittent loading pattern will be worth monitoring in the coming weeks.

18 hours ago