Monthly Silicon Metal Market Report Jun 2019
2019-07-16 17:52:34 【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 June, downstream aluminum industry entered the low season, with most metallurgical customers cutting production, and thus the demand for silicon metal was significantly weaker compared with that in May. In addition, silicon metal producers in Southwest China resumed production in succession, leading to a great increase in spot supply and falling low grade silicon metal prices. Due to the weak demand, prices for high grade silicon metal edged down in June. Affected by the increase of overall silicon prices and steady demand for organic silicon, chemical grade silicon metal prices rose. The export market of silicon metal still saw limited transactions in June as overseas demand was weak and Chinese exporters held back from trading given the low profits.
In June, downstream aluminum industry entered the low season, with most metallurgical customers cutting production, and thus the demand for silicon metal was significantly weaker compared with that in May. In addition, silicon metal producers in Southwest China resumed production in succession, leading to a great increase in spot supply and falling low grade silicon metal prices. Due to the weak demand, prices for high grade silicon metal edged down in June. Affected by the increase of overall silicon prices and steady demand for organic silicon, chemical grade silicon metal prices rose. The export market of silicon metal still saw limited transactions in June as overseas demand was weak and Chinese exporters held back from trading given the low profits.
