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SunSirs: On February 16, Metal Silicon (441#) Continued to Show a Rising Trend

February 17 2022 08:21:36     SunSirs (Linda)

Market analysis

On the 16th, the price of 44# silicon metal continued to show an upward trend. The average price in the domestic market was 21,100 yuan / ton, up 1.25% from the beginning of the week. From the perspective of supply and demand, there are still many silicon factories in the southwest that have not yet started due to the impact of the dry season, but the downstream organic silicon DMC and aluminum alloys have slightly increased their inquiries and orders after New Year's Day, and the downstream demand atmosphere has gradually warmed up, but the supply The lack of surface expectations, coupled with the increasing cost pressure, silicon factories have strong confidence in the market outlook, prompting the price of silicon metal to rise.

Market outlook

Overall, it is expected that metal silicon is more likely to rise.

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