According to the analysis of the Business Society’s market monitoring system, on February 17th, the domestic market price of silicon metal # 441 was based on 11220 yuan/ton, which was basically the same as February 1st. Compared with January 1st (the market price of silicon metal # 441 was 11690 yuan/ton), the price decreased by 470 yuan/ton, a decrease of 4.02%.
| Gamma-PGA (gamma polyglutamic acid) |
From the market monitoring system of Shengyi Society, it can be seen that in recent times, the domestic spot market for silicon metal # 441 has continued to operate steadily and steadily. The overall volatility of the silicon metal spot market is not significant, and the performance within the market is relatively calm. As of February 17th, the reference price for metal silicon 441 # in East China is around 11100~11300 yuan/ton, in Kunming it is around 11300~11500 yuan/ton, in Huangpu Port it is around 11100~11300 yuan/ton, and in Tianjin it is around 11000~11100 yuan/ton.
Analysis of Market Factors
In terms of supply and demand: Currently, the performance of the silicon metal supply side is relatively stable, and the activity of downstream demand is boosted. Silicon companies mainly focus on stabilizing prices in their supply, and the performance of supply side concessions is relatively low.
In terms of demand: Currently, downstream demand for metallic silicon has improved, and the overall inquiry atmosphere has increased compared to the previous period. Some downstream orders have been released one after another, and market demand transmission is gradually warming up.
In terms of raw materials: Currently, the performance of the raw material silica market is stable, and factories are gradually resuming shipments. Downstream demand for essential purchases is the main focus, and the supply side is slightly loose. At present, the reference price for low-grade silica ore exports in Yunnan region is around 340-350 yuan/ton. The reference price for high-grade silica ore export in Inner Mongolia is around 360-390 yuan/ton. The reference price for high-grade ore export in Hubei region is around 420-450 yuan/ton.
In terms of construction: Currently, the performance of metal silicon on-site construction continues to be in a differentiated state, with overall high construction rates for large enterprises and low construction rates for small and medium-sized enterprises.
Market analysis in the future
At present, the trading atmosphere in the metal silicon market has improved, and the mentality of metal silicon industry players has been boosted. The transmission between supply and demand is gradually warming up. Business Society’s metal silicon data analyst predicts that in the short term, the domestic metal silicon market will mainly operate steadily and positively, and specific changes in supply and demand information need to be closely monitored.
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