Prospect of industrial silicon price trend
According to the statistics of Hainan West Asia Group, In 2022, the cost of electricity prices is on the high side, and in 2023, there is a possibility of a decline in electricity prices. Affected by the downward price range of petroleum coke and washed coal, the cost of reducing agents may decrease. In 2023, the production cost of industrial silicon is expected to decrease as a whole.
In 2023, the nominal production capacity of industrial silicon will grow rapidly, but the actual effective production capacity will be less in the first half of the year, and the main production capacity will be released in the second half and the end of the year. At present, downstream polysilicon is in a state of rapid growth in production capacity and high profits. Although the industrial chain is gradually becoming redundant, the high investment and huge profits in construction will prompt enterprises to start production as soon as possible.
Silicone is already in a state of overcapacity. In 2023, the real estate market will improve, consumer demand will also increase month-on-month, and the demand for organic silicon will likely increase. Affected by the weakening demand in the automobile industry, the start of aluminum alloy production is still not optimistic, and exports are likely to continue to decline.
According to the production capacity of the entire industrial chain, it is expected that the supply and demand of industrial silicon will improve in the first half of 2023, and the price may rise. Sexual oversupply will lead to a correction in the price of industrial silicon. It is expected that in the second half of 2023, the new capacity of industrial silicon supply and demand will increase significantly, but the new capacity on the demand side will exceed the new capacity on the supply side as a whole, and the price may fluctuate upward. In terms of profit, the fundamentals of industrial silicon are still relatively stable, and the cost may decline. In 2023, there is a high probability that industrial silicon manufacturers will still be able to maintain a good profit level. If you need more information, please contact Hainan West Asia Import and Export Company.