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SunSirs: Price of Silicon Metal (441#) is Stable

December 28 2019 13:54:41     SunSirs (Linda)

1. Product name: Silicon Metal (441#)

2. Latest price (December 27, 2019): 11,833.33RMB/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 11,600-11,700RMB/ton, in Kunming was 11,500-11,700RMB/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:

The operating rate of Southwest silicon plant is not high, the manufacturer's quotation is firm, the domestic downstream rigid procurement is mainly based on demand, and the social inventory moves down month on month.

In terms of import and export, the export volume of China's silicon metal in November was 53,800 tons, up 5.9% month on month, down 10.4% year on year. At present, port delivery is mainly centralized delivery of goods preparation orders at the end of the previous year, and the outbound quantity of port warehouse in December may be significantly improved 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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