Chinese exporters of silicon grade 5-5-3 continued to lower their offers last week amid scant interest from buyers abroad.
Fastmarkets' weekly price assessment for silicon export 98.5% Si min, fob China was $1,850-1,880 per tonne on Friday January 15, down by $50-70 (3.1%) from $1,900-1,950 per tonne a week earlier. The price had been assessed at $2,000-2,020 per tonne at the beginning of last month.Contrary to most market participants' expectation for a robust silicon market at least until the Lunar New Year (February 12), the Chinese silicon export price has continued to weaken since the second...