According to the analysis of the Business Society’s market monitoring system, on April 16th, the reference price for the domestic silicon metal # 441 market was 10490 yuan/ton. Compared with April 1st (the market price for silicon metal # 441 was 10760 yuan/ton), the price decreased by 270 yuan/ton, a decrease of 2.51%.
| Gamma-PGA (gamma polyglutamic acid) |
From the market monitoring system of Shengyi Society, it can be seen that in early April, the overall domestic spot market for metal silicon # 441 showed a weak downward trend. The focus of negotiations in the spot market for multiple grades of metal silicon continued to move towards lower levels. In the first ten days, the cumulative decline in the spot market for metal silicon was around 200-400 yuan/ton. As of April 16th, the reference market price for metal silicon 441 in East China was 10200-10400 yuan/ton, and the reference market price for metal silicon 441 in Tianjin was 10100-10300 yuan/ton. The market price reference for metal silicon 441 # in Sichuan region is 10200~10300 yuan/ton. The market price reference for metal silicon 441 # in Huangpu Port area is 10200~10500 yuan/ton.
analysis of influencing factors
In terms of supply and demand: Currently, the overall supply and demand performance of the metal silicon market is weak. Due to poor demand performance, the overall production capacity construction of industrial silicon in the north has led to a reduction in supply, while some silicon enterprises in the southwest have resumed production in a small scale, resulting in a slight increase in supply. However, with the reduction in demand in the north, the overall supply has decreased. The downstream transactions of silicon metal are cautious, with a strong wait-and-see attitude towards stocking up, and purchases are mainly for essential needs. The transmission between supply and demand in the silicon metal market is slow.
Market analysis in the future
At present, the overall trading and inquiry atmosphere in the metal silicon market is light, and the mentality of industry players is average. There is a certain level of concern in the market. The metal silicon data analyst from Shengyi Society predicts that in the short term, the domestic metal silicon market will mainly focus on weak consolidation and operation, and specific changes in supply and demand information need to be closely monitored.
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