US silicon price hits new all-time high, driven by global shortage

The silicon price set a new all-time high in the United States on Thursday September 30, with offers rising and reportedly greatly widening while market participants tried to price in the coming effects of a global shortage.

US silicon supply was already tight before China, the world’s biggest supplier, largely stopped exporting the metal during a production crisis.
An electricity shortage in China underpinned a 65% rise in Fastmarkets’ silicon price assessment there in the week to Friday September 24. China’s price was not assessed on Friday October 1, the start of the Golden Week national holiday.

The US price rose by 15.9% in the week to Thursday, with the silicon shortage overseas...

Published

Orla O'Sullivan

October 01, 2021

16:27 GMT

New York