It is expected that the price of metal silicon will fluctuate around the cost in the later stage.
According to the understanding of Hainan West Asia Group, the overall price of the silicon metal market remains stable, with minor fluctuations being the main behavior. The silicon metal market experienced a wave of price cuts in the early stage. The price of silicon metal basically fell to the cost line and then remained stable. The production costs of enterprises were under pressure, and profits were greatly reduced. In a situation of waiting and watching each other.
From the end of March to the beginning of April, in order to boost the demand, some silicon metal companies may lower the price of shipments, hoping to stimulate the trading atmosphere in the market, but the results show that the results are mediocre, indicating that price reduction is no longer the primary consideration for shipments The main factor is whether the development space of the market can support the continuous production behavior of downstream factories, and practitioners in the market are quite concerned about this.
From the perspective of supply, the silicon metal market supply remains fundamental. Affected by restrictive factors such as electricity and a weak market in the southwest region, there are many furnace shutdowns and output reductions; the northwest region relies on regional advantages to maintain a high level of production, and the supply can maintain a satisfactory level. basic needs of the market.
In terms of demand, the current market demand is limited, and the price-for-volume exchange of organic silicon has been effective in the near future, but the cyclical behavior is ultimately lack of substantial demand support, which is not enough to form a demand for bulk purchases of metal silicon. It is understood that the prices of upstream graphite electrodes and petroleum coke have declined, while silicon coal is in short supply and prices are high and stable, and the production costs of silicon factories are under heavy pressure. Downstream organosilicon industry starts to decline gradually, and demand for metal silicon weakens; demand for aluminum rods is improving, and there is a trend of destocking, and demand for metal silicon may increase in the later period; polysilicon prices have dropped slightly, and some manufacturers are overhauling, but the output has not significantly increased Decline, the demand for metal silicon is stable.
On the whole, the current market situation of silicon metal is still dominated by rigid demand, some traders are hoarding goods, and most of the rest adopt a wait-and-see attitude. The actual transaction price of metal silicon has almost dropped to the bottom, and the possibility of continuing to decline is very small. It is expected that the price of metal silicon will fluctuate around the cost line in the later period.