Chemical-grade silicon offers in tenders flat from end-Jun purchasing prices

SHANGHAI, Jul 5 (SMM) – In monthly tenders issued by two organic silicon plants this week, #421 chemical-grade silicon was mostly offered at 13,500-13,800 yuan/mt on acceptance. This was flat from the purchasing price by two organic silicon producers in late June, SMM learned. 

Downstream consumers continued to purchase as required as silicon prices declined. 

As of July 5, spot #421 silicon mostly traded at 13,400 yuan/mt at Huangpu port in Guangzhou, down 300 yuan/mt from late June, and down 2,100 yuan/mt from March 23 when the market began to fall.