GLOBAL SILICON SNAPSHOT: Chinese export price drops amid weak market; US silicon continues downtrend

November 20, 2018 / www.metalbulletin.com / Article Link

Key data from the pricing sessions in Shanghai, New York and London in the week ending on Friday November 16.

China  The export price for grade-553 silicon in China continued to drop due to thin spot inquiries amid weak demand.  Rising cargoes at major ports in China added to the additional downward pressure on the price.  Market participants have suggested that demand will resume in the next couple of weeks, with inquiries from downstream consumers for quarterly procurement expected to rise. Key quotes"Inquiries are thin this week, meanwhile we heard some offer and deal prices lower than $1,650 per tonne" - the first Chinese trader"The export market continued to soften this week, but it will recover due to the resumed inquiries amid short supply in...

Recent News

Gold stocks gain even as metal price pulls back

April 29, 2024 / www.canadianminingreport.com

Copper price forecast swinging significantly on shifting outlook

April 29, 2024 / www.canadianminingreport.com

Upgrades continue for 2024 gold price target...

April 22, 2024 / www.canadianminingreport.com

Gold stocks edge up as weak equities offset metal rise

April 22, 2024 / www.canadianminingreport.com

Major investment banks make major gold price upgrades

April 15, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok