Monthly Silicon Metal Market Report Mar 2020
2020-04-10 08:56:50 【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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From early March, the outbreak of COVID-19 has been increasingly serious in many developed countries, many of which are major importing countries of Chinese silicon metal
. Therefore, it dragged the export market demand of Chinese silicon metal . In the meantime, demand in domestic market did not restore with the control of COVID-19 in China as it was expected . With the weak demand, the prices of Chinese silicon metal decreased sharply . The situation of producers are worsening seriously as the prices are getting close to their production cost . For chemical grade silicon metal, the prices were high in early March as the transportation limited made it look like the market is in short supply, and the prices started decreasing in the 2nd half of March as more and more downstream consumers of chemical grade silicon metal realized that the sales of their products reduced hugely.