Silicon price in May

In May 2021, the price of metallic silicon (441) was strong. According to the data of business news agency, the average market price of domestic silicon metal (441) was 13991.67 yuan / ton on May 28, up 7.49% compared with the average market price of 13641.67 yuan / ton at the beginning of may (5.1). The increase was mainly in the first ten days of May, and the price of silicon metal (441) remained stable in the second half of the month.

The price of 441 ᦇ silicon in different regions on the 28th is as follows:

The price range of silicon metal in Fujian is 13200-13400 yuan / ton, that in Sichuan is 13700-13900 yuan / ton, that in Kunming is 13900-13900 yuan / ton, that in Shanghai is 14600-14800 yuan / ton, and that in Tianjin port is 14100-14200 yuan / ton, The price range of silicon metal in Huangpu port is 14100-14200 yuan / ton.

Operation situation of three major downstream of silicon metal

Strong operation of downstream polysilicon

In May, the polysilicon market continued to rise. Domestic polysilicon prices continue to rise, domestic manufacturers and import prices remain high.

On the supply side, in May, two large factories in Xinjiang overhauled some polysilicon equipment, and a company in Inner Mongolia reduced the production load, which affected part of the output, resulting in a relatively tight supply in the whole may. In the case of material shortage sentiment continues to heat up, the price rises naturally, the price of single crystal rises more strongly, and the price of long-term orders is locked, but the price of loose orders is generally high, further pushing up the expectation of silicon material rise. The price of domestic products is generally close to the 100000 mark, and the price of imported polysilicon continues to rise. The average transaction price exceeds US $23 / kg, and there are scattered offers to US $24 / kg.

On the demand side, as the prices of upstream silicon materials and silicon wafers in the photovoltaic industry continue to rise, the downstream battery manufacturers are in the dilemma of shrinking profits and even losing money, and the prices of downstream battery wafers are forced to rise, but the price rise is faced with no market and slowing down demand. In addition, on May 15, it was reported that India launched an anti-dumping investigation on photovoltaic modules produced in China and other regions, This may affect later export orders, and some overseas orders have been delayed or cancelled.

At present, the polysilicon market is still affected by the shortage of goods, and the price is mainly upward. Considering the current high point, the upward range and power may slow down.

Lower DMC consolidation

In May, the price of downstream silicone DMC was weak. In the first ten days of May, the domestic market of silicone DMC went down sharply. In the middle and late May, from the 17th, affected by the environmental protection policy, the operation rate of the monomer plant decreased, the market supply inventory was tight, and the downstream replenishment was in succession. The market delivery and investment warmed up somewhat, and the sealing phenomenon increased. A monomer plant in Shandong took the lead in increasing the factory quotation of silicone DMC. At the end of the month, the overall market trend tends to be cautious and wait-and-see, but the operating rate of silicone DMC plant may increase slightly, the overall is still low, and the inventory pressure of the plant is small. In the short term, silicone DMC market will maintain stable operation.

Downstream aluminum alloy

In May, the price of aluminum ingots retreated sharply, but it is still at a record high.

High raw materials, aluminum alloy prices are still relatively high.

Future forecast

Metal silicon is greatly affected by the overall supply and demand factors. In the near future, it is greatly affected by Yunnan’s policy. The supply is tight, and the social inventory continues to move down. It is expected that in the near future, metal silicon will mainly maintain stability and operate more strongly. In the later stage, we will continue to focus on the influence of environmental protection policy factors and the average price of social production costs on the supply side.