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[SMM Analysis] the transaction is slightly warmer near the delivery date in the silicon market.
Jul 19,2019 17:45CST
translation
Source:SMM
Some specifications continued to decline at the beginning of the week, but the decline was narrower than last week, and prices gradually stabilized in the second half of the week.
The content below was translated by Tencent automatically for reference.

SMM7 19-month news: early this week some specifications continued to decline, but the decline narrowed compared with last week, the second half of the week prices gradually stabilized. Huangpu Port oxygen 553 # silicon transaction price is around 9800 yuan / ton, Tianjin Port oxygen 553 # silicon at 10400 yuan / ton.

There are two reasons for the convergence of silicon metal decline, one is that the silicon price has fallen to the production cost of some production capacity, and some traders and downstream believe that the silicon price can not fall, so they begin to replenish the warehouse; second, some export traders have to start purchasing due to orders approaching the delivery date, and the transaction is slightly warmer than before for the superposition of the two reasons. (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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