Prices of Silicon Coal, a Raw Material for Silicon Metal, Decline in Some Regions [SMM Silicon Daily Review]

SMM, January 15: Silicon prices in parts of east China declined today. Standard #553 silicon metal in east China was priced at 10,600-10,700 yuan/mt, with the average price dropping by 100 yuan/mt. Above-standard #553 silicon metal was priced at 10,800-10,900 yuan/mt, with the average price also dropping by 100 yuan/mt. #421 silicon was priced at 11,500-11,700 yuan/mt, with the average price falling by 50 yuan/mt. The price of silicon coal, a raw material for silicon metal, was further reduced. Under the influence of a significant recent decline in coking coal prices, the cost support for silicon coal weakened, and prices could not hold. In some regions, silicon coal prices were recently adjusted downward. In Gansu, mixed coal prices were reduced by 75 yuan to the current price of 1,180 yuan/mt, while granular coal prices were reduced by 70 yuan to the current price of 1,330 yuan/mt. Due to the continued weak market conditions for downstream silicon enterprises, silicon coal suppliers in Gansu indicated that if coking coal prices continue to decline, silicon coal prices will follow the cost trend and be further reduced to benefit downstream silicon enterprises.

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