Spot silicon price slumps to three-year low in US

The spot silicon price in the United States fell below $1 per lb on the low end of Fastmarkets' assessed range this week, and cheap imports continue to arrive in an already oversupplied domestic market, sources said.

There is almost universal agreement in the market that domestic producers’ cost of production is $1 per lb, prompting some sources to speculate that a new trade protection case is inevitable as market prices decline.

Buyers have indicated that $1 per lb is the key threshold for the metal, both psychologically and in terms of producers breaking even. Supply side sources noted two months ago - when the silicon price was above $1.05 per lb - that producers' full...

Published

September 11, 2019

22:39 GMT

New York