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Home / Metal News / Silica Prices Remained Stable This Week

Silica Prices Remained Stable This Week

Jun 2, 2023 11:24

Source:SMM

The market price of silica remained stable. The ex-factory price of high-grade silica in Hubei, the main producing area of silica, was 400-470 yuan/mt; the ex-factory price of low-grade silica in Yunnan was 300-340 yuan/mt; that of high-grade silica in Inner Mongolia was 420-450 yuan/mt.

Due to the high price and tight supply of silica in Inner Mongolia and the low silicon metal prices, some silicon plants in north China began to purchase cheap silica from Gansu and Shaanxi. If silicon metal prices continue to move at low levels, silica demand in Gansu and Shaanxi will improve slightly in the near term.

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Prices of the most active silicon contract are likely to move rangebound next week (July 7-13). The SMMI index rose 0.4% on a weekly basis as of Wednesday. The most-traded silicon metal futures contract rose before falling this week.

Jul 7, 2023 14:31

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Analysis SMM Comments SMM Insight

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Silica Prices Remained Stable This Week

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit