[SMM Daily Review] bearish mood moderated in Silicon Market

Published: Jul 22, 2019 14:27

SMM7 22 news: today's silicon price mainstream stable, individual specifications slightly downward adjustment, unable to oxygen 553 # silicon Huangpu port quotation in the vicinity of 9800 yuan / ton, compared with the domestic trade port price is slightly lower. In the early stage, the silicon price dropped sharply below the production cost of some silicon plants, Qinghai, Inner Mongolia, Chongqing, Sichuan and other producing areas have reduced production one after another, and some silicon plants do not sell because of losses. Although the reduction in production capacity has little impact on the overall supply, but in terms of market sentiment, the pessimistic atmosphere has indeed eased, and the trading volume of low-grade silicon has rebounded significantly. (SMM Yang Xiaoting)

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