After falling 0.7 percent, silicon turned out to be the week’s biggest mover on the Renewables MMI®. Hovering above $39,700 per metric ton, the week finished with no movement for Chinese cobalt cathodes. Following a steady week, prices for neodymium closed flat, holding between $113,500 and $114,000 per metric ton. At above $750 per metric ton, the price of Chinese steel plate did not change since the previous week.
Japanese steel plate remained unchanged for the week. Prices for Korean steel plate remained constant as well, closing the week at above $950 per metric ton. Chinese steel plate prices held steady from the previous week, between $750-800 per metric ton. Following a steady week, prices for US steel plate closed flat at above $900 per short ton.
The Renewables MMI® collects and weights 8 metal price points used extensively within the renewable energy industry to provide a unique view into renewable energy metal price trends. For more information on the Renewables MMI®, how it’s calculated or how your company can use the index, please drop us a note at: info (at) agmetalminer (dot) com.