According to the analysis of the market monitoring system, on August 16, the reference price of domestic market of silicon metal 441 was 11,940 yuan/ton. Compared with August 12, the price dropped by 80 yuan/ton, a decrease of 0.67%; compared with August 1, the price dropped by 160 yuan/ton, a decrease of 1.32%.
From the commodity market analysis system, we can see that last week (August 12-August 16), the domestic market of silicon metal continued to bottom out. During the week, the overall trading of market of silicon metal remained inactive. Metallurgical plants and poly silicon plants downstream of silicon metal reduced production, and the purchase intention for raw materials was weak. The wait-and-see sentiment in the market was strong, and the bearish sentiment of the industry remained unchanged. The downstream organic silicon and grinding plants also showed caution in purchasing silicon metal raw materials, and most of them were small orders for rigid demand.
Therefore, under the drag of demand, the overall market of silicon metal has not seen a significant improvement, and the market is running at a weak low level. As of August 16, the domestic market of silicon metal 441 price reference is around 11,600-12,400 yuan/ton.
At present, the market of silicon metal has almost fallen below the cost line. The existing cost pressure of silicon metal factories continues to increase, and the production enthusiasm decreases. The overall start-up of silicon metal may be reduced in the later period. However, the overall supply inventory in the current market is still on the high side, and the supply-side pressure is relatively large. The silicon metal data analyst of Business Company believes that in the short term, the domestic market of silicon metal will mainly adjust and operate in a narrow range, and more attention should be paid to the changes in supply and demand news.
Post time: Sep-13-2024
