The Chinese silicon export market continued to weaken over the past week due to soft demand, while prices in the European market were unchanged.
Metal Bulletin assessed the Chinese grade 553 silicon export price at $1,960-2,000 per tonne on Friday March 23, down from $1,980-2,030 per tonne in the prior week, with sellers lowering their offer prices to entice business from otherwise uninterested buyers.Following two weeks of extensive procurement from Japanese buyers at the start of March, these major buyers of Chinese silicon metal have largely muted their buying interest.With expectations for Chinese silicon export prices to fall in May - when domestic refineries typically ramp up production during the country's rainy season, Japanese buyers intend to hold...