GLOBAL SILICON SNAPSHOT: Chinese price continues uptrend, European producers stop offering but prices unmoved

November 05, 2019 / www.metalbulletin.com / Article Link

Key data from the pricing sessions in Asia and Europe in the week ended Friday November 1.

ChinaKey drivers The Chinese silicon 5-5-3 export price continued its upward momentum for the second consecutive week against a backdrop of tight supply for the dry season from November to May when refiners in Sichuan and Yunnan provinces halt production due to a lack of cheap hydroelectric power. Domestic Chinese ex-works prices have risen by 200-300 yuan ($28-43) per tonne since mid-October, supporting export prices. The strength of the yuan against the dollar has pushed spot quotations...

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