Price trend

According to the analysis of the SunSirs’ market monitoring system, on October 8th, the reference price for the domestic silicon metal # 441 market was 11,960 RMB/ton, which was basically the same as September 30th. Compared with September 1st (the market price for silicon metal # 441 was 11,980 RMB/ton), the price decreased by 20 RMB/ton, a decrease of 0.17%.

Analysis review

According to the SunSirs Market Analysis System, in September, the overall performance of the domestic silicon metal # 441 market showed a slight downward trend. In early September, the market price of Metal Silicon # 441 remained relatively stable, with a focus on consolidation and operation. As of September 15th, the reference market price for Metal Silicon 441 in East China was 11,,800-12000 RMB/ton, and in Kunming, China, it was 12000-12300 RMB/ton.

According to the SunSirs Market Analysis System, during the National Day holiday, the domestic silicon metal # 441 market remained stable overall, with little fluctuation in the market and a relatively calm overall situation. After the holiday, the overall performance of the silicon metal market remains stable. The reference market price for silicon metal 441 # in East China is around 11,800-12000 RMB/ton, in Kunming it is 12,100-12,200 RMB/ton, and in Tianjin Port it is 11,700-11,900 RMB/ton.

Fundamental situation: Looking back at the period from June to September, the overall operating rate of the domestic silicon metal market showed a gradual increase, and the overall performance of the supply side was loose. In the fourth quarter, the operating rate of silicon metal in Sichuan may have declined, and the overall supply side may gradually begin to reduce production. The overall supply of silicon metal may also decrease. However, whether the pressure on the supply side can be effectively released depends on whether the downstream market demand side can bring good incremental growth.

Market outlook

As of September 30th, the trading atmosphere in the metal silicon market was mild, and the mentality of the industry was good. The metal silicon data analyst from SunSirs believes that in the short term, the domestic metal silicon market will mainly adjust and operate within a narrow range, and the specific trend still needs to pay more attention to changes in supply and demand news.

If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.