Monthly Silicon Metal Market Report Jun 2020
2020-07-11 08:42:39 【Print】
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In domestic market, the prices of metallurgical silicon metal 5-5-3 decreased significantly in 1st half of June as many producers in Yunnan and Sichuan resumed production with coming of wet season
. In 2nd half of June, the prices went firm as traders started building up stocks as they believed the prices got quite close to the production cost . For chemical grade silicon metal, the prices also decreased because of weak demand and increasing output . In export market, the prices also dropped due to the weak demand and decreased purchase cost . Deals remained scarce throughout June with weak demand of most of foreign countries.