US spot silicon prices hit 3-year low

Jan 08, 2013 | 03:36 PM | Suzy Waite

Tags  silicon, Brazilian silicon producers, silicon prices, automotive, FerroAtlantica, Suzy Waite

NEW YORK — U.S. silicon prices have hit new three-year lows due to a combination of slower demand and excess supply.

Spot prices have dropped to $1.22 to $1.27 per pound from $1.25 to $1.30 previously, suppliers and consumers told AMM. It is the first time prices have fallen below $1.25 per pound since February 2010.

"I have enough to get me through February. I’m not actively soliciting for material now. I’ll start looking next month," one consumer said.

"It’s been really dead since the end of the year. No one’s done anything. Some people bought some very cheap metal the last week of December but now everyone has their material, so no one’s looking," a supplier added. ....

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