GLOBAL SILICON SNAPSHOT: Europe prices slip, US under import pressure, Chinese market in waiting mode

Key data from the pricing sessions in London, New York and Shanghai for the week ended Friday October 11.

Europe Key drivers European prices for grade 4-4-1 and grade 5-5-3 silicon edged down by 1.6% and 2% respectively after deals were concluded at lower levels. The silicon market has experienced slightly more activity both in the week to October 11 and the week before, with some traders taking positions. That said, cheaper offers were still successful, pushing prices downward. The recent announcement of Ferroglobe’s plans to reduce production of silicon metal and alloy in its European plants in France and Spain has not yet had any effect on prices. In a well-supplied market with limited spot demand, participants do not expect production...

Published

Cristina Belda

Huaqing Fu

Orla O'Sullivan

October 14, 2019

17:25 GMT

Shanghai; London; New York