According to the analysis of the market monitoring system of SunSirs, on June 9, the domestic silicon #441 market price was 8,620 RMB/ton, which was 160 RMB/ton lower than that on June 1 (silicon #441 market price was 8,780 RMB/ton), a decrease of 1.82%.

From the commodity market analysis system of SunSirs, it can be seen that in early June, the domestic silicon #441 spot market was in a downward trend. At present, the overall recovery of the domestic silicon spot market is generally good, and the focus of market negotiations continues to move towards the bottom.

As of June 9, the domestic silicon 441 market price in East China was 8,400~8,600 RMB/ton, the silicon 441 market price in Kunming was around 8,900~9,100 RMB/ton, and the silicon 441# market price in Tianjin was around 8,200~8,400 RMB/ton. The reference price of silicon 441# in Sichuan is around 8300~8400 RMB/ton. The reference price of silicon 441# in Shanghai is around 8800~9000 RMB/ton.

Fundamental information

Supply and demand: In early June, the overall supply and demand performance of the silicon spot market did not improve much compared with the previous period. Downstream users mainly maintained rigid demand purchases. Some silicon supply areas still have certain supply pressures, and the effective market support is weak.

Raw materials: At present, the overall performance of the raw material end silica and silicon coal market is weak. The supply of silica is loose, and the overall supply of the mine is under pressure. The supply of silicon coal market is also sufficient. Affected by the low operating rate of downstream, the overall supply transmission is slow, and the raw material cost side provides general support for the metal silicon market.

Market analysis

In the future, the operating rates of polysilicon market and DMC market of silicone downstream may increase slightly, and the demand for raw materials will also increase. In addition, judging from the market trend in the past two days, the spot silicon market has stopped falling and stabilized. Therefore, the silicon data analyst of SunSirs believes that in the short term, the domestic silicon market will mainly be consolidated, and more attention should be paid to the changes in the news on the supply and demand side.

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