[SMM Daily Review] Chemical Grade Silicon monthly Price decline

SMM May 11: chemical grade silicon prices fell today, domestic silicone monomer factory monthly tender price dropped to about 11800 yuan / ton, a month-on-month reduction of about 600 yuan / ton. The big drop in the bidding price is mainly due to the fact that the transaction mode of signing chemical grade silicon once a month causes the price fluctuation of chemical grade silicon to lag behind other grades, and the start-up of silicon plants mainly supplying domestic monomer plants is relatively stable. the supply is more abundant than the metallurgical grade low-grade specifications. (SMM Yang Xiaoting)

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