After falling 0.7 percent, silicon landed at CNY 14,600 ($2,320) per metric ton, making it the week’s biggest mover on the Renewables MMI®. At CNY 250,000 ($39,742) per metric ton, the week finished with no movement for Chinese cobalt cathodes. Following a steady week, prices for neodymium closed flat at CNY 715,000 ($113,663) per metric ton. At CNY 4,810 ($764) per metric ton, the price of Chinese steel plate did not change since the previous week.
Closing at JPY 80,000 ($1,000) per metric ton, Japanese steel plate remained unchanged for the week. Prices for Korean steel plate remained constant, closing the week at KRW 1.1 million ($971) per metric ton. Chinese steel plate prices held steady from the previous week at CNY 4,810 ($764) per metric ton. Following a steady week, prices for US steel plate closed flat at $921 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.