According to the analysis of the Business Society’s market monitoring system, on March 20th, the reference price for the domestic silicon metal # 441 market was 10870 yuan/ton. Compared with March 16th (the market price for silicon metal # 441 was 10950 yuan/ton), the price decreased by 80 yuan/ton, a decrease of 0.73%.
| Gamma-PGA (gamma polyglutamic acid) |
From the market monitoring system of Shengyi Society, it can be seen that the domestic spot market for silicon metal # 441 has shown a weak downward trend this week. During the week, the overall performance of the silicon metal spot market was average, with some grades continuing to experience narrow price reductions of around 50-100 yuan/ton. Among them, the market price of metal silicon 441 # in Tianjin area is based on 10500-10800 yuan/ton, with a price reduction of about 100 yuan/ton. The market price reference for metal silicon 441 # in Sichuan region is 10500-10700 yuan/ton, with a price reduction of 100 yuan/ton. The market price reference for metal silicon 441 # in Huangpu Port area is 10700~10900 yuan/ton, with a price reduction of 100 yuan/ton.
analysis of influencing factors
On the supply and demand side: Currently, the trading atmosphere in the metal silicon market is light, and downstream factories mainly purchase for essential needs. At the beginning of the week, the focus of negotiations in the metal silicon spot market narrowly declined. During the mid week and weekend periods, there is a confrontation between demand side price suppression and supply side price increase. Some regions have a slight trend of offering discounts after increasing production, but there are also some regions where the cost pressure is low and the willingness is not strong, leading to a stalemate in the overall market operation.
Market analysis in the future
At present, the overall structure of the metal silicon market has not changed much. The metal silicon data analyst from Business Society believes that in the short term, the overall fluctuation of the domestic metal silicon market is limited, and the market may maintain a weak consolidation operation. Specific changes in supply and demand news need to be closely monitored.
| http://www.lubonchem.com/ |