Home / Metal News / Silicon prices extend decline since Yunnan producers resume in rainy season

Silicon prices extend decline since Yunnan producers resume in rainy season

iconJul 11, 2019 14:31
Source:SMM
As of Jul 11, 553# silicon that did not undergo oxygen-refining traded at 9,700 yuan/mt in Kunming

SHANGHAI, Jul 11 (SMM) – Prices of silicon metal have trended downwards over the past month, as producers in Yunnan resumed in a rainy season.

As of Thursday July 11, 553# silicon that did not undergo oxygen-refining traded at 9,700 yuan/mt in Kunming, while 553# that undertook oxygen-refining traded at 10,200 yuan/mt.

Continued losses pushed prices to cost lines across producers, which dampened production enthusiasm.

Producers, however, hesitated to suspend as they have yet to recover the costs for igniting the furnaces in less than a month since resumption and as they have sufficient stockpiles of raw materials.

Some silicon producers told SMM that they will hold back sales and close after raw materials run out, if prices continue to fall.

Market commentary
Silicon

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All