SILICON SNAPSHOT: Chinese export price rises on tight supply; European prices under pressure from oversupplied market

October 23, 2018 / www.metalbulletin.com / Article Link

Key data from the pricing sessions in London and Shanghai on Friday October 19.




China 

The Chinese grade 553 silicon export price rose against a backdrop of tight supply on the looming dry season from November to May when refineries in Sichuan and Yunnan province curb production as a result of a lack of cheap hydroelectric power.  Stockpiling activity among both traders and downstream consumers added to the tightness in the spot market, lending more upward pressure to prices.  Meanwhile, spot purchasing activity has been thin...

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