Downtrend in Chinese silicon continues amid lower offers, reduced demand

October 30, 2021 / www.metalbulletin.com / Article Link

The price of silicon in China has dropped several times over recent weeks, after setting a then-record price of $9,000-10,000 per tonne on September 24. Downstream demand then fell through October, clouding market confidence, and offer prices went lower and lower.

Fastmarkets' weekly price assessment for silicon, export, 98.5% Si min, fob China, dropped to $5,000-5,500 per tonne on Friday October 29, down by 9.8% from $5,600-6,000 per tonne one week earlier, and down by 47.2% from the September 24 peak.

Fewer deals were heard and concluded, with some market participants selling-off some of their previously acquired low-priced stock.

Sources told Fastmarkets that if they did not offer at low prices, buyers would not consider making inquiries, nor conclude deals.
...

Recent News

Gold stocks weaker but outperform slump in other sectors

October 13, 2025 / www.canadianminingreport.com

West Africa-focussed Robex and PDI to merge

October 13, 2025 / www.canadianminingreport.com

Gold stocks outperform equity market gains

October 06, 2025 / www.canadianminingreport.com

Most major producers rise but TSXV gold mixed

October 06, 2025 / www.canadianminingreport.com

Platinum, palladium, copper gain on green China, supply constraints

September 29, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok