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[SMM Daily Review] Silicon Export orders Depression

iconApr 9, 2020 13:57
Source:SMM

SMM, April 9: the price of some brands of silicon fell slightly today, slightly narrower than a few days ago. The transaction price of oxygen-free 55Si in Huangpu Port fell below the 10,000 yuan mark. The spread of the epidemic in foreign countries has dealt a significant blow to the export of silicon metal. Since mid-March, export transactions have been relatively weak. On the one hand, the demand for overdraft of goods has been concentrated in the early stage. The more important reason is that due to the impact of the epidemic on downstream enterprises in Asia, Europe and the Americas, the reduction of actual consumption and the spread of pessimism are the fundamental reasons for light export transactions. (SMM Yang Xiaoting)

 

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