Monthly Silicon Metal Market Report Mar 2020

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.Asian Metal Copyright With the weak demand, the prices of Chinese silicon metal decreased sharply.Asian Metal Copyright Therefore, it dragged the export market demand of Chinese silicon metal.Asian Metal CopyrightFrom 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.Asian Metal Copyright In the meantime, demand in domestic market did not restore with the control of COVID-19 in China as it was expected.Asian Metal Copyright Therefore, it dragged the export market demand of Chinese silicon metal.Asian Metal Copyright With the weak demand, the prices of Chinese silicon metal decreased sharply.Asian Metal CopyrightFrom 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.Asian Metal Copyright The situation of producers are worsening seriously as the prices are getting close to their production cost.Asian Metal Copyright Therefore, it dragged the export market demand of Chinese silicon metal.Asian Metal Copyright 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.
.Asian Metal CopyrightFrom 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 metalAsian Metal Copyright