Price trend

According to the analysis of the SunSirs' market monitoring system, on April 25th, the reference price for the domestic silicon # 441 market was 10,040 RMB/ton. Compared with April 1st (the market price for silicon # 441 was 10,760 RMB/ton), the price decreased by 720 RMB/ton, a decrease of 6.69%.

From the market monitoring system of SunSirs, it can be seen that since April, the domestic spot market for silicon # 441 has shown an overall weak downward trend. The spot market price of silicon continues to decline. As of April 25th, the reference market price for silicon 441 in East China was around 10,000 RMB/ton, and the reference market price for silicon 441 # in Tianjin was 9,700-9,900 RMB/ton. The market price reference for silicon 441 # in Sichuan region was 9,800-9,900 RMB/ton. The market price reference for silicon 441 # in Shanghai was 10,100-10,400 RMB/ton.

Price influencing factors:

Supply side: In April, the overall supply side of the silicon market showed weak performance, with some silicon companies experiencing poor shipments and overall pressure on the supply side. The operating rates in some regions were lowered, and production enthusiasm weakened, resulting in insufficient support from the supply side for the market.

On the demand side: During the month, downstream users of silicon showed cautious demand, with transaction negotiations at the low end and slow demand transmission. The support provided by the demand side for silicon was also loose.

Market outlook

As of April 25th, the trading atmosphere in the silicon market was relatively weak, and there was a strong wait-and-see sentiment. The silicon data analyst from SunSirs predicts that in the short term, the silicon market will mainly consolidate at a low level, and specific changes in supply and demand information need to be closely monitored.

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