Chinese silicon seen improving after New Year holiday

Jan 26, 2010 | 12:13 PM |

China's silicon export market is stagnant for the second consecutive week but could rise after the Chinese New Year holiday in mid-February, given tight supply and high costs.

"Downstream users haven't really recovered in Japan or South Korea, and they haven't placed any orders yet," a trader in Shanghai said.

Export transactions for minimum 98.5-percent silicon were last heard at $2,120 to $2,180 per tonne f.o.b., unchanged since the start of January. Business thinned and prices fell after bookings jumped to $2,200 to $2,300 per tonne at the end of December, a 14-month high.....





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