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[SMM Daily Review] low-grade silicon spot less buyers make active inquiries
Apr 29,2020 14:09CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM, April 29: today some low-grade silicon prices continued a small upward trend, East China 44 million silicon transaction in the vicinity of 11100 yuan / ton. Low-grade specifications are mainly bulk transactions, at the end of the month superimposed May Day holiday under the influence of some downstream in recent days a small amount of storage. On the supply side, due to profit difficulties, the output of Sichuan and Yunnan increased less in May, and most market participants were more confident that the silicon price had stabilized. Therefore, some downstream enterprises returned to the usual procurement frequency, and all the increases in single purchase volume promoted transactions. (SMM Yang Xiaoting)

 

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