SunSirs: Price of Silicon Metal (441#) is Stable
December 18 2019 09:38:30 SunSirs (Linda)
1. Product name: Silicon Metal (441#)
2. Latest price (December 17, 2019): 11,858.33RMB/ton
The price of silicon metal (441#) in each region was as follows:
The price range of metal silicon in Fujian was 11,300-11,400RMB/ton, in Sichuan was 11,600-11,800RMB/ton, in Kunming was 11,600-11,800RMB/ton, in Shanghai was 12,400-12,600RMB/ton, in Tianjin port was 11,900-12,000RMB/ton, in Huangpu port was 11,900-12,000RMB/ton.
3. Analysis points:
On the supply side, affected by the low water period, the operating rate in Yunchuan region has moved down from the same period, with a range of 8-10%. The production increase in Xinjiang, Fujian, Hunan and Shaanxi regions is not large. Generally speaking, the supply is tight.
On the demand side, aluminum alloy is affected by weak vehicle sales, which leads to poor demand and lower operating rate; recently, the price of organosilicon has risen, but at the end of the year, it is planned to maintain more production capacity, mainly purchase on demand and reduce demand; polysilicon volume and price have fallen together, which is short-term negative, and the overall demand of the three downstream metal silicon is weak.
In terms of import and export, there are not many new orders near the end of Christmas and New Year holidays. Most of the port shipments are centralized shipments based on the year-end goods preparation orders in the early stage, and the outbound quantity of the port warehouse in December may have a significant increase on a month on month basis.
4. Future market forecast: supply and demand are weak, and the future market is mainly waiting for the change of downstream demand. It is expected that the short-term stable operation of silicon metal is the main thing.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
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