Silicon market: With wet season coming in June, silicon metal plants will resume in Southwest China as conventionally believed. However, rising power tariffs and a resurgence of COVID-19 cases in Yunnan made resumption across local silicon plants uncertain. Although the average production cost will decline in wet season, rising raw materials prices and power costs will support silicon metal prices.
Rare earth market: Benefiting from the effectiveness of domestic and international epidemic prevention and control measures, the internal and external macro environment has undergone tremendous changes since the Spring Festival in 2021. The global expectation of economic recovery driven by the controlled epidemic is strong, and commodity prices have therefore risen. As the global economy rebounds, commodity prices will be in 2020. In the second half of the year, prices rose sharply, and the prices of rare earth products also hit new highs.
In this webinar, we will show SMM outlook of China Silicon & Rare earth metal market in Q2 2021
(1) Costs and Demand Supporting Silicon Metal Prices in the Wet Season
(2) China Rare earth market foundmental review
(3) Supply and demand side change in Rare earth market
(4) Rare earth price forecast in Q2 2021
