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[SMM Daily Review] Metallurgical Grade Chemical Grade Silicon rises and falls

iconJul 8, 2020 14:01
Source:SMM

SMM July 8: today, the price of metallurgical grade chemical grade silicon continues the trend of differentiation. Tianjin Port oxygenated 55K silicon rose slightly at 10500m / t 10600 yuan / ton, while 42m Si went down slightly at 10900m / t 11,000 yuan / ton. Metallurgical grade low-grade silicon due to centralized procurement in the lower reaches at the beginning of the month, traders replenish inventory and reduce supply and other reasons led to a small number of spot quantities in the market, such as oxygen-free 55K, oxygen-ventilated 55K silicon and other specifications increased slightly. However, due to the relatively abundant supply of chemical grade silicon, the downstream demand continues the downward trend steadily. There has been an abnormal situation that the price of oxygenated 55 silicon is the same as the monthly bidding price of 42 silicon in domestic monomer factories. (SMM Yang Xiaoting)

 

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