Silicon grade 441 prices in Europe jumped by 5.7% on Friday February 16 due to the absence of Chinese sellers from the market for the Lunar New Year holidays, which compounded concerns about supply in the coming weeks.
Metal Bulletin assessed grade 441 silicon, in-warehouse Rotterdam prices at ?,?2,300-2,500 ($2,855-3,103) per tonne on Friday, up from ?,?2,215-2,325 previously, while grade 553 silicon prices remained unchanged at ?,?2,150-2,200 per tonne. "People are on Chinese New Year holidays and are not offering material, and because of that supply is tight," said a trader that buys silicon from China. Market participants in China...