Silicon prices were in turmoil in late March

In late March, the metal silicon market welcomed a small price fluctuation, driven by the mainstream bearish sentiment of the market, industrial silicon transactions are weak, the current industrial silicon plant construction is still concentrated in northwest China and North China, southwest China, individual supporting downstream enterprises have increased production, but at the same time, the silicon plant that is overwhelmed by losses has also reduced production. In the case of social inventory continued not to be digested, the upstream and downstream bearish sentiment spread, downstream procurement is slow, low inventory, and industrial silicon trading prices continue to fall. There is a clear high-low price difference in market shipments. Among them, the supply quotation of intermediate frequency furnace recycled silicon (553#, 3303#) is chaotic, and the current mainstream factory quotation of each grade is: 553# unoxygenated 1885$/ ton, 3303# recycled silicon 1955$/ ton, Hainan West Asia Import and Export Group believes that the production of metal silicon will increase this year, and the social inventory is difficult to further digest, and the bearish sentiment will continue to spread. The industrial silicon market is expected to continue to decline in April.
 

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