Overview:SMM east China oxygen-blown #553 silicon was quoted at 9,300-9,500 yuan/mt, up 50 yuan/mt from the previous day, while futures consolidated around 8,750 yuan/mt. On the spot market, silicon suppliers had a strong willingness to hold prices firm, with low-priced cargo scarce. Coupled with downstream mainly making just-in-time procurement, few orders were concluded, and the trading center of spot cargo further shifted up. Supported by just-in-time orders, silicon prices will hold up well in the short term.
Trader: 553 offered around 9,300-9,400.
Downstream: offers around 9,400 yuan/mt, unchanged.
Trader: around 9,400 yuan/mt in east China, transactions occurred.
Upstream: no clear offers or shipments, and downstream inquiries were seen; yesterday some shipments were made at a delivery-to-factory price of 9,500 yuan/mt
Trader: 553# delivery-to-factory offer at 9,400 yuan/mt unchanged
Overview:SMM east China oxygen-blown #553 silicon was quoted at 9,300-9,500 yuan/mt, up 50 yuan/mt from the previous day, while futures consolidated around 8,750 yuan/mt. On the spot market, silicon suppliers had a strong willingness to hold prices firm, with low-priced cargo scarce. Coupled with downstream mainly making just-in-time procurement, few orders were concluded, and the trading center of spot cargo further shifted up. Supported by just-in-time orders, silicon prices will hold up well in the short term.
Trader: 553 offered around 9,300-9,400.
Downstream: offers around 9,400 yuan/mt, unchanged.
Trader: around 9,400 yuan/mt in east China, transactions occurred.
Upstream: no clear offers or shipments, and downstream inquiries were seen; yesterday some shipments were made at a delivery-to-factory price of 9,500 yuan/mt
Trader: 553# delivery-to-factory offer at 9,400 yuan/mt unchanged