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[SMM Daily Review] low Grade Silicon quotation stabilizes

iconApr 13, 2020 14:01
Source:SMM

SMM, April 13: today's silicon price is more stable than last Friday, East China non-oxygen 55 silicon transaction in 10000 yuan / ton, oxygen 55 silicon transaction in 10700 yuan / ton. Recently, the downstream production and procurement of the main export destination countries have been suspended or delayed due to the impact of the epidemic, export transactions are relatively cold, traders complete old orders, digest inventory, port spot transactions are relatively light. In contrast, domestic trade performance is slightly better, but due to the decline in domestic downstream orders and the decline in finished product prices and other reasons, the purchase price pressure is more obvious, while the silicon factory is gradually stabilized because of little profit. (SMM Yang Xiaoting)

 

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