‘Panic over,’ US silicon buyers say; China price up

Silicon prices fell for a second consecutive week in the United States, with some domestic buyers saying the global price rally had ended after prices retreated from early November's all-time high.

But prices in China, where the rally originated, have begun to move in the opposite direction, posting gains in the week to Friday November 19. “The panic is over, prices have come down and I have zero concern about being unable to get silicon now,” one US buyer source said during the week. “I’m being offered by multiple people,” he said, noting that he won’t buy...

Published

Orla O'Sullivan

November 19, 2021

22:56 GMT

New York