Silicon sales fail to pick up despite improved downstream consumption

SHANGHAI, Mar 19 (SMM) – Sales in the silicon metal market failed to pick up even as its downstream consumer, the organosilicone sector, began its high season.

While organosilicone monomer producers operated in high gear and maintained stable shipments, they remained cautious about purchasing silicon metal as they stockpiled before the dry season.

On Tuesday March 19, prices of silicon metal changed little from the previous day. SMM assessments showed that 553# products which undertook oxygen-refining traded at 11,600 yuan/mt at Tianjin port while 441# products traded at 12,200 yuan/mt.