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[SMM analysis] the transaction is light downstream, and the silicon metal continues to decline.
Jul 5,2019 17:44CST
translation
Source:SMM
All grades of silicon metal fell to varying degrees this week, Huangpu Port oxygen 553 #, Tianjin Port oxygen 553 # and other low-grade specifications mainstream prices fell 100 yuan / ton in the week; chemical grade silicon 421 # silicon trading price fell 300 to 500 yuan / ton compared with the previous month.
The content below was translated by Tencent automatically for reference.

SMM7 5-month news: this week all brands of silicon metal have fallen to varying degrees, Huangpu Port oxygen 553 #, Tianjin Port oxygen 553 # and other low-grade specifications within the week to fall 100 yuan / ton; chemical grade silicon monthly sheet 421 # silicon trading price fell 300 yuan to 500 yuan / ton compared with the previous month.

Most of the Sichuan-Yunnan silicon plants have returned to normal production, and the operating rate in Xinjiang has gradually risen to the normal level, but the newly opened production enthusiasm has been extinguished by the weak downstream demand. In July, aluminum alloy, silicone, polysilicon three downstream seasonal consumption off-season continued, and because the prices of their finished products are at a low ebb, many downstream began to look for capital preservation management methods, sales volume and price is difficult to raise the case of compressed raw material prices more simple and convenient. Some recycled aluminum alloy companies using oxygen 553 # silicon have indicated that they intend to purchase prices lower than this week's mainstream market of about 300 yuan / ton in order to barely maintain capital, so the inquiry price is usually very low.

(SMM Yang Xiaoting)

If you would like to know more about the market information and market trends, or have other information needs, please dial 021 # 51666895, contact: Ms. Yang.

 

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