According to the analysis of the Business Society’s market monitoring system, on December 3rd, the reference price for the domestic silicon metal # 441 market was 12070 yuan/ton. Compared with November 23rd (the market price for silicon metal # 441 was 12120 yuan/ton), the price decreased by 50 yuan/ton, a decrease of 0.41%; Compared to November 1st, it is basically unchanged. Compared with October 1st (market price of 11960 yuan/ton for silicon metal # 441), the price has increased by 110 yuan/ton, a rise of 0.92%.
| Gamma-PGA (gamma polyglutamic acid) |
From the market monitoring system of Shengyi Society, it can be seen that at the end of November, the domestic spot market for silicon metal 441 # was slightly weak and declining. At the beginning of November, the spot market for silicon metal experienced a slight upward trend, with overall production declining to support a slight increase in the spot market. However, the downstream demand side showed caution, and the transmission between supply and demand was average. The market lacked sustained upward momentum, and subsequently the silicon metal market remained stable and stable. As the end of the month approached, the spot market for silicon metal # 441 experienced a slight decline due to the cold weather, and the overall market situation returned to the level at the beginning of the month. Among them, the market price of silicon metal # 441 in Sichuan region decreased by 50 yuan/ton, with a reference price of 11500~11600 yuan/ton. The market price of metal silicon 441 # in Huangpu Port area has been lowered by 50 yuan/ton, with a reference price of 12000-12100 yuan/ton. Subsequently, the overall spot market remained stable and entered December.
Market analysis in the future
At present, the overall trading atmosphere in the domestic silicon metal market is relatively quiet. With the overall expectation of on-site construction continuing to decline, the pressure on the silicon metal supply side is controllable. Although the transmission performance between supply and demand is still average, it will be able to maintain weak stability. The silicon metal data analyst from Business Society believes that in the short term, the domestic silicon metal market will mainly operate with large stability and small movements, and specific changes in supply and demand news need to be monitored.
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