Monthly Silicon Metal Market Report Jul 2019
2019-08-14 18:20:22 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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1. Market Highlights
In July, the aluminum industry entered the low season, and some metallurgical customers began to take vacations due to the high temperature, so the demand remained weak. As downstream customers were pessimistic about the future silicon prices and reduced purchases, low grade silicon metal prices moved down sharply . High grade silicon metal prices also dropped significantly due to the dim market . Downstream demand for organic silicon failed to increase a lot, and chemical grade silicon metal prices moved down affected by falling overall silicon prices . In the export market, export prices for off-silicon depressed the overall silicon prices, and thus the profits from the overseas orders were limited and exporters held back from trading . As a result, the export market continued to see few transactions . Dubal's purchase prices for silicon metal 4-4-02 in late July was lower than the expected one.
In July, the aluminum industry entered the low season, and some metallurgical customers began to take vacations due to the high temperature, so the demand remained weak. As downstream customers were pessimistic about the future silicon prices and reduced purchases, low grade silicon metal prices moved down sharply . High grade silicon metal prices also dropped significantly due to the dim market . Downstream demand for organic silicon failed to increase a lot, and chemical grade silicon metal prices moved down affected by falling overall silicon prices . In the export market, export prices for off-silicon depressed the overall silicon prices, and thus the profits from the overseas orders were limited and exporters held back from trading . As a result, the export market continued to see few transactions . Dubal's purchase prices for silicon metal 4-4-02 in late July was lower than the expected one.