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[SMM Analysis] Price increase buyers of Silicon Plant wait and see the transaction is slightly deadlocked
May 15,2020 19:14CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM5 15: this week oxygen 55 silicon slightly increased, metallurgical grade high grade and chemical grade silicon slightly down, East China oxygen 55 silicon transaction in the vicinity of 11000 yuan / ton, individual factories quoted 11200 yuan / ton, up 100 yuan / ton compared with last week; East China 330mm in about 11600 yuan / ton, a weekly drop of 150 yuan / ton. The manufacturers who produce 5-character low-grade silicon mainly have no inventory when there is no supply supplement from Sichuan and Yunnan, and the quantity of goods available in the market is not much, so the silicon factory raises the price.

Consumer aluminum alloy, organosilicon monomer, polysilicon three downstream start different enterprises, different regions, there is no significant improvement as a whole, year-on-year performance is still weak. Export transactions remain light, some gradually resume production downstream digestion of the original inventory, a small number of inquiries are only to understand the market rather than the actual order. Weak demand, coupled with bearish expectations of an increase in supply, wait-and-see sentiment dominates the purchasing side.

 

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