US silicon prices have again moved lower in an unusually active spot market, with sources indicating that some forced discounting for midyear accounting purposes may be taking place; demand is typically weakest during the northern hemisphere's summer months.
Fastmarkets' price assessment for silicon, ddp US, fell to $1.05-110 per lb on Wednesday July 10, down from $1.08-11 per lb a month earlier on June 10 and its lowest since the price stood at $1.05-1.07 per lb in April 2017.Buyers said they got multiple truckloads of grade-553 silicon delivered for $1.05 per lb, while sellers admitted to selling multiple truckloads at $1.07-1.09 per lb. The last time sellers disclosed specific sales, three months ago, prices were between $1.12 per lb and $1.14 per lb.Market participants last month voiced expectations that...