GLOBAL SILICON SNAPSHOT: No resistance to low bids in Europe; domestic China demand improves

July 14, 2020 / www.metalbulletin.com / Article Link

Key data from the pricing sessions in Asia, Europe and the United States for the session ended on Friday June 10.


Europe

Prices fell by nearly 5% for both grades with suppliers cutting offer prices and doing deals well below the previous range. During the week, there were slightly more bids reported from traders in comparison with the very quiet previous months, while producers showed no resistance to low prices in a bid to destock. Spot activity...

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