The silicon price has been on an upward trend since 2021 and has now hit an all-time high.
Fastmarkets' assessment of the price for silicon export 98.5% Si min, fob China rose to $2,350-2,450 per tonne on August 6, up by 10.4% from $2,150-2,200 per tonne on July 30.
The rainy season in southern China usually signals the start of a downtrend in the Chinese silicon price because of rising hydroelectricity availability to power operations.
In 2021, a delay in the start of the rainy season in China postponed silicon production, which exacerbated supply tightness. Electricity limits in Yunnan and Sichuan worsened the situation.
In China, the main 553 silicon production hubs are in the...