According to the analysis of the Business Society’s market monitoring system, on August 19th, the domestic market price of silicon metal # 441 was based on 9610 yuan/ton, which was basically the same as August 15th. Compared with August 1st (the market price of silicon metal # 441 was 9980 yuan/ton), the price decreased by 370 yuan/ton, a decrease of 3.71%.
From the commodity market analysis system of Shengyi Society, it can be seen that recently, the overall market situation of domestic silicon metal 441 # has shown a consolidation and operation. During mid August, the overall market volatility of the domestic silicon metal market was not significant, with sporadic narrow adjustments in some regions and brands, and the overall market consolidation was the main trend. As of August 19th, the reference market price for metal silicon 441 # in East China, Kunming, Huangpu Port, Tianjin, Sichuan, and Shanghai is around 9600-9800 yuan/ton, 9600-9800 yuan/ton, 9500-9700 yuan/ton, 9200-9300 yuan/ton, and 9800-10100 yuan/ton, respectively.
Fundamental situation
Construction status: Currently, the overall construction of metallic silicon in Xinjiang has slightly increased, with weekly construction at around 57%. The overall operating rate of metals in the northwest region is around 76%, and the overall operating rate remains stable. The operating rate of metallic silicon in Yunnan region is around 68%, and there is currently little overall change. The operating rate of metallic silicon in Sichuan region is around 56%, and the operating rate is basically stable.
Supply and production situation: In the first ten days, the resumption of production by major factories in Xinjiang has driven the overall release of market output, resulting in a slight increase in overall market supply. The overall inventory level in the market is still acceptable.
In terms of demand: Currently, the demand for metal silicon in downstream polycrystalline and organic silicon markets mainly continues to be driven by rigid procurement. It is expected that there will be little change in the overall downstream production expectations in the short term.
Market analysis in the future
At present, the overall supply and demand transmission in the metal silicon market is relatively loose, the trading atmosphere on the market is weak, and the mentality of industry players is average. Business Society’s metal silicon data analyst predicts that in the short term, the domestic metal silicon market will mainly adjust and operate within a narrow range, and specific changes in supply and demand information need to be closely monitored.
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