The Chinese silicon export market weakened further this past week, with exporters again lowering their quotations to attract business amid continued sluggish demand.
The Chinese grade 553 silicon export price slipped to $1,940-1,980 per tonne on Friday March 30, from $1,960-2,000 per tonne a week earlier. The majority of quotations that buyers received from Chinese suppliers were around $1,950 per tonne on fob China basis this past week, but some offers for smaller tonnages at $1,900 per tonne were also heard, market participants told Metal Bulletin.Meanwhile, with the operational rates of refineries which produce grade 553 silicon metal...