According to an analysis by the SunSirs market monitoring system, as of April 30, 2026, the benchmark domestic market price for Silicon #441 stood at 9,390 RMB/ton. This represents a decrease of 50 RMB/ton—or 0.53%—compared to the price recorded on April 1 (when the market price for Silicon #441 was 9,440 RMB/ton).

Trend Review

In April, the market for Silicon 441# generally followed a pattern of "initial decline followed by a rebound," ultimately recording a slight monthly decrease. Prices for Silicon 441# began the month at 9,410 RMB/ton, then fell rapidly in early April to 9,360 RMB/ton—a decline of 0.85%. Subsequently, the market entered a phase of narrow-range fluctuation and correction; by mid-to-late April, prices had gradually recovered to 9,390 RMB/ton and stabilized. As of April 30, benchmark domestic market prices for Silicon 441# ranged between 9,200 and 9,700 RMB/ton.

Factors Influencing Market Trends

From April 1 to 10, market prices for Silicon 441# experienced a rapid decline. This downward trend was primarily driven by sluggish market activity and a lack of purchasing appetite among downstream consumers, as weak demand weighed heavily on prices. From April 11 to 20, market prices for Silicon 441# entered a phase of low-level fluctuation; market participants largely adopted a wait-and-see stance, and prices drifted within a narrow range of 9,360–9,370 RMB/ton, with the pace of decline slowing. From April 21 to 30, market conditions stabilized and began to recover; prices rebounded to 9,390 RMB/ton and held steady, with this market upturn largely supported by marginal improvements in the supply-demand balance.

Market Outlook

As of April 30, the overall market for 441# Silicon was stabilizing. As the Southwest region enters its high-water season in May, expectations for lower electricity rates are strengthening; consequently, the pace at which silicon plants—particularly in Sichuan, Yunnan, and other areas—resume production is expected to accelerate, leading to anticipated growth in market supply. Regarding downstream demand, end-use sectors for organosilicon—specifically real estate and consumer electronics—are experiencing a steady recovery, thereby providing a certain level of support for Silicon. Meanwhile, the incremental demand driven by exports of aluminum alloy-based power equipment and the automotive industry's push for lightweighting remains relatively moderate, suggesting that overall demand growth will likely proceed at a gradual pace. For May, the Silicon market is generally expected to trend toward stability with a slight upward bias; however, specific market movements will largely depend on evolving dynamics within the supply and demand landscape.

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