GLOBAL SILICON SNAPSHOT: US price hits fresh three-year low; European market flat

摘要

Key data from the pricing sessions in New York, London and Shanghai in the week ending Friday September 13. UNITED STATES KEY DRIVERS - Spot silicon fell below $1 per lb on the low end for the first time in three years in the United States, on excess supply and the undercutting of domestic material by overseas suppliers. Consumers are themselves said to be re-selling silicon they bought on contract but cannot use because demand is weak for their product - silicon-based alloys.