With both supply and demand driven, the price of silicon metal has risen steadily. As of October 17, according to the price monitoring of the business community, the average price of 441 # metal silicon in the domestic market was 21690 yuan/ton, up 2.02% from last week.

The price of 441 # silicon in various regions on the 17th is as follows:

The price range of # 441 silicon metal in Huangpu Port is 21600-21800 yuan/ton, with an average price of 21700 yuan/ton; The price range of # 441 silicon metal in Tianjin Port is 21600-21800 yuan/ton, with an average price of 21700 yuan/ton; The price range of # 441 silicon metal in Kunming is 21300-21500 yuan/ton, with an average of 21400 yuan/ton; The price range of # 441 silicon metal in Sichuan is 21300-21400 yuan/ton, 21350 yuan/ton on average; The price range of # 441 silicon metal in Shanghai is 22200-22400 yuan/ton, with an average price of 22300 yuan/ton.

Factors Affecting the Price Fluctuation of Silicon Metal

Supply side: The supply continues to be disturbed, and production in Sichuan continues to recover, but the production of silicon metal enterprises in Yunnan is limited, and the manufacturers are reluctant to sell at a high price. The epidemic situation in Xinjiang is repeated and the transportation of raw materials is blocked. It is understood that the total number of silicon metal furnaces is 688 at present. As of October 13, the opening rate of silicon metal furnaces is about 50%. The number of silicon metal furnaces in Xinjiang is 113, Sichuan is 66, and Yunnan is 83.

Demand side: the price of aluminum alloy is stable, and the mainstream quotation is 18700 yuan/ton; The price of silicone DMC fell, and the mainstream quotation was 17580 yuan/ton. The operating rate of aluminum alloy and organic silicon is weakening. It is understood that at present, the organic silicon industry is upside down at nearly 8 points, and some monomer devices will have a reduced maintenance plan. Aluminum alloy enterprises also expect to reduce production due to weak downstream consumption.

The mainstream price of polysilicon is 297666.66 yuan/ton, and the price is stable, continuing the level before the festival. From the perspective of silicon material commencement, the operating rate of domestic silicon material manufacturers has significantly increased this month. Two units in the maintenance period have been restored successively in September. However, under the influence of the epidemic in Xinjiang and Inner Mongolia, although the unit production has not been affected, due to the impact of transportation, the delivery may be delayed, and the supply has little impact.

Future market forecast

On the whole, the reason for the short-term rise of metal silicon is that the demand for polysilicon remains prosperous, the supply side is limited and the epidemic situation is disturbed. However, the demand for organic silicon and aluminum alloy remains weak, which limits the space for metal silicon price to rise. At the same time, the improvement of production in Sichuan will to some extent offset the decline in Yunnan’s supply, and it is difficult for silicon price to rise again. It is expected that it will operate stably, moderately and weakly in the short term.