The spot price of silicon metal continued to fall this week, with a drop of about 100-150 yuan/ton. According to the monitoring of Business News Agency, as of March 13, the average price of 441 # metal silicon spot market in China was 17660 yuan/ton, down by% 0.95 month-on-week. The main reason for the stepwise decline of the spot silicon price is that the downstream consumption is slow, the metal silicon inventory is weak, and the market confidence is weak. At present, many silicon enterprises are still under the pressure of inventory and capital, and have to reduce the price to ship. The futures market continued to decline – 3.03% this week to close at 16960 yuan/ton.

The price of 441 # silicon in various regions on the 13th is as follows:

The price range of # 441 metal silicon in Huangpu Port area is 17500-17800 yuan/ton, with an average price of 17650 yuan/ton; The price range of # 441 metal silicon in Tianjin Port is 17500-17600 yuan/ton, with an average price of 17550 yuan/ton; The price range of # 441 metal silicon in Kunming is 17500-17600 yuan/ton, with an average of 17550 yuan/ton; The price range of # 441 metal silicon in Sichuan is 17300-17500 yuan/ton, with an average of 17400 yuan/ton; The price range of Shanghai # 441 metal silicon is 18100-18200 yuan/ton, with an average price of 18150 yuan/ton.

Influencing factors of metal silicon price

Supply:

The total number of silicon metal furnaces opened this week was 339. As of March 10, the silicon metal furnace opening rate was about 47.35%, 154 in Xinjiang, 27 in Sichuan and 55 in Yunnan. The supply of silicon metal remained stable, and the number of furnace starts increased slightly. Among them, the operating rate in Southwest China remains low, and the boiler shutdown in Sichuan is about 70%. In addition, due to the limited impact of the film, it is expected that there will be many factories and households in the southwest region to stop production and repair.

Demand:

Polycrystalline silicon stabilized after rising, and the mainstream range reached the range of 200-225000 yuan/ton. The supply side has not changed much, the operating rate of enterprises has maintained a medium-high level, and the number of orders signed by large factories has continued to follow up, and new orders have been signed in April. However, the price of downstream silicon wafers is weak, the bargaining power of silicon manufacturers is weakened, and the price of large silicon manufacturers mostly remains at the price level of last week, which is expected to maintain interval adjustment later.

The price of aluminum alloy ADC12 fell by 300 yuan/ton, and the mainstream price was 19100 yuan/ton. The unsatisfactory consumption in the terminal automobile industry has led to the weak performance of aluminum alloy, and the purchase of silicon metal has just to be replenished.

The domestic silicone DMC market fell, and the market price was 16960 yuan/ton. The overall performance of the downstream demand of silicone DMC is still calm, the supply and demand transmission is slow, and the new orders received from the downstream are not followed up in time. In addition, some organosilicon plants have shutdown and maintenance plans this month, and the overall operating rate of organosilicon DMC has been reduced, which has suppressed the demand for metal silicon.

Aftermarket forecast

In general, the supply of silicon metal has maintained a small growth, but the market demand is lack of support, and the empty side of the silicon market has a significant strength. After the recent two sessions, the policy has supported the consumption of silicon industry chain, and the cost in the southwest region is supported, and the decline space of metal silicon is gradually limited. It is expected that metal silicon will run weakly and stably in the short term.