Today, the price of domestic metallurgical-grade silicon metal is stable with a slight decline. As demand performance is still poor, supply and demand continue to be unbalanced, causing the prices of some grades to fall again. Many silicon factories have reported that the pressure of shipment is relatively large, and low-price transactions have been frequently reported in some areas. The industry’s mentality is still relatively pessimistic on the 1st. Downstream procurement remains cautious and mainly on demand. It is expected that the weak downward trend will be difficult to change in the short term; the price of chemical-grade silicon metal continues to decline slightly. As the contradiction between supply and demand deepens, and the futures market continues to fall, the market sentiment has been continuously frustrated. The mentality of the industry is still worried, and the pessimistic atmosphere in the market is relatively strong. The risk of weak pressure in the future market may still exist; the price of non-standard silicon maintains a weak and stable operation trend. Affected by the continued weak decline in the prices of metallurgical silicon, chemical silicon, etc., the market lacks obvious favorable supporting factors. The shipment and transaction performance of many factories are average, and downstream procurement is mainly cautious and on demand. At the same time, futures prices continued to be in a weak downward channel. After the closing price of the main market fell by 165 yuan/ton (a drop of 1.66%) yesterday, the price continued to fall by 20 yuan/ton to 9,780 yuan/ton this morning, a drop of 0.20%. At present, the market has once again pierced the previous low price. The absolute price of hedged goods has an advantage, and the activity of futures and spot traders is relatively high, which continues to put pressure on the spot.
Post time: Mar-20-2025
