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[SMM Analysis] the quotation of low cost and High Silicon Plant has stabilized
Apr 24,2020 19:33CST
The content below was translated by Tencent automatically for reference.

SMM4 24: this week, East China does not oxygen 55 million silicon rose slightly to 10200 yuan / ton, 44 million, 330 million silicon slightly fell back to make up for the decline. From the supply point of view, the domestic production of oxygen-free 55mm silicon manufacturers do not start many and mainly concentrated in Chongqing, last week after the local factory production cuts in the buyer bearish sentiment has recovered, coupled with the silicon plant due to losses and strong quotation reasons, the number of low-cost goods to reduce the transaction center of gravity has moved up slightly. The supply of other specifications is relatively loose.

Some of the downstream monthly procurement from this week, the difference between the large downstream procurement price and the market mainstream transaction price has narrowed or even converged, which is a manifestation of the recovery of the pessimistic mood of the holders. however, it is still necessary to pay attention to the fact that most of the procurement strategies in the lower reaches have not changed, and the purchasing volume has not changed much.


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