SunSirs: On January 11, Transaction of Metal Silicon (441#) was Light, Price was Stable and Weak
January 12 2022 09:15:41 SunSirs (Linda)
Market analysis
On the 11th, the price of 441# silicon metal was stable and weak. The average price in the domestic market was 20,900 yuan/ton. The enthusiasm of aluminum plants in some areas to stock up has increased. Today, aluminum alloys rose slightly by 200 yuan/ton. The tight supply of organic silicon supports the market. The overall mentality is positive. On the 11th, the average price of domestic silicone DMC is 29,300 yuan / ton. The downstream demand for silicon metal is improving, but the inventory is sufficient, and it takes a certain amount of time to consume the inventory. The intensification of the epidemic in many places in China has hindered shipments and transportation. Many merchants said that they would not ship goods before years, resulting in a slightly cold transaction.
Market outlook
In the short term, metal silicon will run steadily and weakly.
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