GLOBAL SILICON SNAPSHOT: Chinese market stagnant; prices edge up in Europe, but weaken in US

January 16, 2019 / www.metalbulletin.com / Article Link

Key data from the pricing sessions in Asia, Europe and the United States for the week ended Friday January 11.

China ?EUR? The price for exported grade-553 silicon in China was unchanged for a sixth consecutive week amid thin inquiries.?EUR? Some Chinese exporters had raised their offer prices due to the strengthening of the yuan against the dollar, but no deals were concluded in the week ended January 11.?EUR? According to currency exchange website Oanda.com, $1 was worth 6.79 yuan on January 11. This compares with a rate of $1 to 6.87 yuan on January 4.?EUR? Buyers said that demand for silicon in...

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