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[SMM Daily Review] Silicon City waits for the flood season
May 18,2020 14:15CST
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Source:SMM
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SMM May 18: Silicon prices are running smoothly today, and the turnover price of 55% silicon without oxygen in East China is around 10400 yuan / ton. Due to the stabilization of silicon prices in the lower reaches, the procurement cycle has been gradually extended from late April, and the number of single purchases has increased, so the recent downstream purchases are slightly light, mostly to digest the original inventory. In the next two weeks, the start of construction in Sichuan and Yunnan will not be immediately replenished, and the tight spot situation of some low-grade specifications may continue, but the overall trading situation in the market may be maintained under the expectation of increased supply. (SMM Yang Xiaoting)

 

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