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[SMM analysis] Silicon transaction is light and wait-and-see mood suppresses the release of demand during the flood season.
May 29,2020 18:15CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM5 March 29: this week, some low-grade silicon prices loosened slightly, East China oxygen 55 silicon traded around 10900 yuan / ton, no oxygen 55 silicon in 10300 yuan / ton. At the beginning of the week, Sichuan silicon plants started one after another, even though it took about 7 days from ignition to production, however, judging from the transaction this week, the increase in start-up alone suppressed the release of some demand, although it was at the end of the month, but domestic and foreign trade transactions were light.

Dehong, Yunnan Province entered a flood season on June 1. Due to power supply and desulphurization, the local silicon plant will be ignited successively and is expected to reach stable production by mid-June. Traders and downstream said that they will wait for the normal shipment of additional factories before considering procurement, and the light turnover may be maintained in the short term.

 

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