Monthly Silicon Metal Market Report Jul 2020

In domestic market, the prices of metallurgical silicon metal 5-5-3 increased evidently in the 1st half of July, and they drove the prices of higher grade silicon metal to go up relatively slowly.Asian Metal Copyright The pandemic of COVID-19 in Xinjiang stimulated producers' confidence to lift the prices, but the market saw fewer deals.Asian Metal Copyright The pandemic of COVID-19 in Xinjiang stimulated producers' confidence to lift the prices, but the market saw fewer deals.Asian Metal Copyright Therefore, producers in Southern China lifted the prices by over RMB500t USD70t, and some downstream consumers accepted the prices.Asian Metal Copyright For chemical grade silicon metal, because of transportation restriction in Xinjiang, the spot stocks became less sufficient soon. Therefore, producers in Southern China lifted the prices by over RMB500/t (USD70/t), and some downstream consumers accepted the prices.Asian Metal Copyright Therefore, producers in Southern China lifted the prices by over RMB500t USD70t, and some downstream consumers accepted the prices.Asian Metal Copyright In export market, the export prices increased massive due to increased purchase cost, but the market didn't become active as expected.
.Asian Metal Copyright For chemical grade silicon metal, because of transportation restriction in Xinjiang, the spot stocks became less sufficient soonAsian Metal Copyright