Price trend

According to analysis from SunSirs' market monitoring system, on January 6, 2026, the domestic market price of silicon 441# was 9,620 RMB/ton, which remained basically unchanged compared to January 1st. Compared to December 1st (when the market price of silicon 441# 

was 9,750 RMB/ton), the price decreased by 130 RMB/ton, a drop of 1.33%.

With both supply and demand weak, the silicon market was operating relatively stably

According to the commodity price analysis system of SunSirs, the domestic silicon spot market remained relatively stable recently (January 14-21), with little fluctuation in market prices and a generally calm market fundamental. On January 21st, the market price of 441# silicon in East China was approximately 9,300-9,500 RMB/ton, the price of oxygen-blown 553# silicon was around 9,200-9,300 RMB/ton, the price of #521 silicon was around 9,300-9,500 RMB/ton, and the price of 421# silicon was around 9,500-9,800 RMB/ton.

Fundamentals Overview

Supply Side: Recently, some large industrial silicon manufacturers in certain regions still had plans for further production cuts and maintenance. Overall market operating rates continued to decline, and the overall supply pressure in the silicon market was not significant. Factories did not have any obvious plans to reduce inventory.

Demand side: Entering late January, downstream demand for silicon remained weak. Several major downstream polysilicon manufacturers recently announced production cuts and maintenance plans, and the silicone market had also been gradually reducing production. Overall downstream buying sentiment was relatively cautious, and the overall demand for silicon remained poor, making it difficult to improve the weak supply and demand situation.

Market outlook

As of January 21, although trading activity in the silicon market was relatively quiet, suppliers were not strongly inclined to lower prices, and downstream buyers were cautious in their restocking efforts.  The supply-demand dynamics remained in a state of equilibrium. According to data analysts at SunSirs, the domestic silicon market is expected to experience narrow price fluctuations in the short term, and further developments will depend on changes in supply and demand.

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