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SunSirs: Silicon Metal (441 #) Price Reduction on March 17

March 18 2020 08:13:23     SunSirs (Linda)

1. Product Name: Metal Silicon (441 #)

2. The latest price (March 17, 2020): 12,266.67 yuan / ton

The price of 441 # silicon in each region is as follows:

The price range of # 441 metal silicon in Fujian area was 11,700-11,900 yuan / ton, the price range of # 441 metal silicon in Sichuan area was 12,000-12,200 yuan / ton, and the price range of # 441 metal silicon in Kunming area was 12,000-12,100 yuan / ton, the price range of # 441 metal silicon in Shanghai awas 12,800-13,000 yuan / ton, the price range of # 441 metal silicon in Tianjin Port was 12,400-12,500 yuan / ton, the price range of # 441 metal silicon in Huangpu Port was 12,200-12,400 yuan / ton.

3. Analysis points:

On the domestic side, the supply side is still low, Xinjiang ’s production reduction is prolonged, and it is difficult to increase the operating rate in March. It is expected that some silicon factories in Yunnan will start to produce by the end of the month. In domestic downstream organic silicon monomers, the operating rate of aluminum alloys has gradually picked up and has not yet fully recovered to normal levels. Domestic supply and demand have fallen, and the market outlook waits and sees changes in terminal demand.

On the foreign front, the spread of foreign epidemics will affect more downstream companies and weaken foreign demand.

4. Market Forecast: It is expected that the short-term operation of metal silicon is mainly weak.

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