Market Expectations of China Metal Silicon 441
Affected by the reduction in output during the dry season, inventory backlog, and reduced demand in the international market, China's silicon metal prices may remain at a low level in the short term.
According to relevant data, on January 11, 2024, the FOB tax-free price of China’s silicon metal 441 was around US$2,150-2,200 per ton. The dry season at the beginning of winter has not yet ended, but due to the small number of orders, which has offset the impact on price increases, most of China's silicon metal 441 has a backlog of inventory.
At the same time, according to Hainan West Asia Group's customer data and feedback, for example, in the Iranian market, the local silicon metal market price including tax is around US$2,540 per ton. Affected by the regional Red Sea situation, sea freight has continued to rise. Sea freight from China to Istanbul can reach a peak of 200 US dollars per ton. We predict that the short-term decline in overseas demand and orders for China's ferrosilicon 441 will make it difficult for China's silicon metal prices to improve in the short term.
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- Export - Metals
- silicon manganese
- Inoculant
- Silicon Carbide
- Recarburizer
- Ferro Silicon
- Silicon Metal
- Ferro Manganese
- High Carbon Silicon
- Nodulizer
- Cored Wire
- Silicon briquette
- Silicon powder /Micro Silicon-Powder
- Silicon slag/Low carbon silicon
- Ferro chrome
- Calcium Silicon
- Electrolytic Manganese Flakes
- Ferro Silicon Aluminum
- Silicon aluminum barium calcium
- Silicon calcium manganese
- Silicon barium calcium
