Chinese silicon exporters continue to raise offers on strengthening domestic market

November 03, 2020 / www.metalbulletin.com / Article Link

Chinese silicon exporters raised their offers in the week to Friday October 30, in line with quickly rising domestic prices that are being driven by higher production costs and tight prompt supply, sources told Fastmarkets.

Fastmarkets' weekly price assessment for silicon export 98.5% Si min, fob China was $1,680-1,720 per tonne on Friday, up by $50-80 (5.3%) from $1,600-1,630 per tonne a week earlier.
Exporters either raised their offers above $1,700 per tonne or declined to make any offers this past week because the surging domestic prices made it difficult to gauge tradeable levels.

Market sources told Fastmarkets that prices in China's domestic market have risen to 11,700 yuan ($1,746) per tonne and would likely continue to rise on...

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