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SunSirs: Chinese Prices of Silicon Metal (441 #) are Reduced on March 24

March 25 2020 09:31:23     SunSirs (Linda)

1. Product Name: Silicon Metal (441 #)

2. The latest price (March 24, 2020): 11,975 yuan / ton

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

Fujian # 441 metal silicon price range is 11,500-11,700 yuan / ton, Sichuan region # 441 metal silicon price range is 11,700-11,900 yuan / ton, Kunming area # 441 metal silicon price range is 11,700-11,800 yuan / ton, Shanghai area # 441 metal silicon price range is 12,400-12,600 yuan / ton, Tianjin Port # 441 metal transaction range is 12,100-12,300 yuan / ton, Huangpu Port # 441 metal silicon price range is 11,900-12,100 yuan / ton.

3. Analysis points:

At the domestic level, the supply side is still low, and silicon factories in Xinjiang have reduced production and started construction at a low level. The operating rates in Yunnan and Sichuan are not high. It is reported that the current social inventory has decreased by nearly 30% year-on-year.

The domestic downstream organic silicon monomers and aluminum alloys are not expected due to the poor end of the industrial chain, and the expected reduction in output from the market is transmitted by the industrial chain, giving pessimistic expectations to the consumption of metal silicon. Although the domestic market has doubled supply and demand, prices are dominated by panic. Merchants' willingness to store goods is reduced.

Foreign countries, the spread of foreign epidemics will affect more downstream enterprises and weaken foreign demand.

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

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