GLOBAL SILICON SNAPSHOT: US price falls 5% on oversupply; European prices supported by firm offers

December 17, 2019 / www.metalbulletin.com / Article Link

Key data from the pricing sessions in New York, London and Shanghai for the week ended Friday December 13.




United States
Key drivers 

Monthly spot silicon price dropped again, following a brief plateau in November after 19 straight months of decline.  Domestic producers' cuts are being felt, but cheaper imports of silicon metal to the US mean oversupply endures.  Some sources see rising prices in Europe as an indication of an uplift coming in US prices, with supply tightening in the west. Key quotes "It seems silicon may just be coming back up because people realize the price cuts have been overdone" - US-based seller 1 "I think silicon is between $0.91 and $0.94 [per lb] - certainly not...

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