Silicon Metal Prices Mixed in East China, Futures Market Shows Gain

Published: Apr 23, 2025 15:52
【Silicon Metal Express】On April 23, prices of some specifications in east China were lowered, 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%. The spot cargo prices still held an advantage, and some silicon metal plants offered discounts due to capital needs, leading to a downward shift in the supply-side price center. Downstream users' stockpiling activity before the Labour Day holiday was moderate.

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【Silicon Metal Express】On April 23, prices of some specifications in e - Shanghai Metals Market (SMM)