SunSirs: Sep 20
1. Product: Metal Silicon (441#)
2. Latest Price (Sep 20 2019): 11,216.67RMB/t
Regional Prices of Metal Silicon (441#):
|
Region |
Price (RMB/t) |
|
Fujian |
10,700-10,900 |
|
Sichuan |
10,900-11,100 |
|
Kunming |
10,900-11,000 |
|
Shanghai |
11,800-11,900 |
|
Tianjin Port |
11,400-11,500 |
|
Huangpu Port |
11,200-11,300 |
3. Analysis Points: Recently, the domestic Silicon Market has been deadlocked, the market of some metallurgical and low grade Silicon has been weak. Previous Silicon prices of all brands are basically stable, and the actual market turnover is not much. One reason is that, the production of Silicon factories can mainly meet the demand of early orders, while the downstream inventory is still available, and the game between the two sides is intensified. The other reason is that, due to a wave of rising prices in August, some price-sensitive downstream customers become mainly wait-and-see. At present, the supply of low-cost goods in the market is still increasing, and the market trading has been slightly improved.
4. Future Forecast: The wait-and-see mood of downstream is strong. It is excepted that the prices of Metal Silicon will mainly remain stable and weak in the short term.
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