Silicon Price Was Temporarily Stable, Traders And Downstream Users Remained Pessimistic

The price of silicon was temporarily stable this week. As of June 8, the prices of standard #553 silicon metal in east China remained flat on a weekly basis at 13,200-13,400 yuan/mt, those of above-standard #553 silicon metal were flat between 13,500-13,600 yuan/mt, those of #421 silicon metal were unchanged between 14,600-14,800 yuan/mt, and those of #3303 silicon metal were also stable between 14,600-14,900 yuan/mt.

During the week, the quotations of low-grade silicon metal from large plants in north China were firm. The suitable supply of low-grade silicon metal such as #551 and #441 silicon metal was relatively tight. Traders and downstream users remained pessimistic. Most transactions were made under small orders.

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