There is a difference in silicon prices between the USA, China and the EU. In the US, Silicon 5-5-3 (DDP) has decreased from 1.58 $/lb in September 2011 to 1.39 $/lb in February 2012. In China, Silicon 5-5-3 (DDP) has been in range 13600 to 11900 with a 12400 Rmb/mt in February 2012. The EU market has also seen some variations. In September 2011, the price of Silicon 5-5-3 with a min of 98.5% was 2125 euro/mt. It increased to 2175 in December, but has decreased to approximately 2075 euro/mt in February 2012. Despite the differences, silicon prices are evidently decreasing.