The spot price of silicon metal remained stagnant and consolidated [SMM Silicon Daily Review]

SMM April 23 News: Today, prices of some specifications in east China declined, while the mainstream remained stable. Oxygen-blown #553 silicon was quoted at 9,600-9,900 yuan/mt, unchanged from the previous day, while #441 silicon was quoted at 9,900-10,100 yuan/mt, down 50 yuan/mt from the previous day. In the futures market, the most-traded SI2506 contract held up well, opening at 8,835 yuan/mt, with a high of 8,955 yuan/mt, a low of 8,835 yuan/mt, and closing at 8,930 yuan/mt, up 1.08%. Spot cargo prices still held an advantage, and some silicon enterprises in the supply side offered discounts due to capital needs, with the center of supply-side quotations continuing to shift downward. Downstream users' stockpiling transactions before the Labour Day holiday were generally subdued, and the market remained relatively stable in recent days, with both upstream and downstream sides holding steady prices. 》Order to view SMM metal spot historical prices