[SMM Daily Review] the seller raises the price and the buyer waits to see the silicon market close to a slight stalemate.

Published: May 7, 2020 13:42

SMM May 7: today some low-grade silicon prices rose slightly, East China oxygen-free 55mm silicon are more than 10300 yuan / ton, oxygen 55mm silicon quoted 11000 yuan / ton. The start of construction in Sichuan and Yunnan has not been significantly improved. Low-grade production enterprises such as oxygen-free 55mm and oxygen 55mm silicon mainly complete old orders, and the number of orders is small after a week. As a result of the increase in transportation costs after the festival, the cost of raw materials has been increased and the freight of finished products has also been raised, so the factory has raised its quotation. From the number of transactions in the past two days, compared with the pre-festival decline, buy a house wait-and-see mood is stronger. (SMM Yang Xiaoting)

 

If you would like to know more detailed market information and market trends, or have other information needs, please call 021-51666895, contact: Ms. Yang.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn