This week (10.1-10.21) metal silicon was consolidated and operated, and the poor logistics and transportation led to a weak trading and investment atmosphere in the market. However, there was cost support, and it was difficult for raw materials to enter the market. At the same time, the futures market was imminent, and the silicon factory’s quotation remained firm. As of October 21, according to the price monitoring of the business community, the average price of 441 # metal silicon in the domestic market was 21690 yuan/ton, unchanged from last week.

On the 21st, the price of 441 # silicon in each region 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: There is no obvious change in the supply disturbance factors this week. Under the influence of a new round of power rationing policy, Yunnan has significantly limited its production, and it is still possible to further limit its production as the dry season approaches. The epidemic situation in Xinjiang is repeated, the transportation is blocked, and the supply continues to be disturbed. It is understood that there are 399 sets of metal silicon being fired at present. As of October 20, the rate of metal silicon being fired is about 56.83%, 135 sets in Xinjiang, 71 sets in Sichuan and 84 sets in Yunnan.

Demand side: the price of aluminum alloy is stable, the mainstream quotation is 18700 yuan/ton, and the operating rate of aluminum alloy is the same as last week. Due to repeated outbreaks in some regions, the recovery of aluminum alloy starting is limited due to economic downturn, and there is still a stock of metal silicon in the aluminum plant, and a small amount of metal silicon is still needed to maintain the main procurement; The price of organic silicon DMC is temporarily stable, and the mainstream quotation is 17580 yuan/ton. The supply and demand transmission of organic silicon in the field is deadlocked, and each monomer factory suffers from serious losses, mainly purchasing metal silicon.

The mainstream price of polysilicon is 297666.66 yuan/ton, the price is stable, the unit operation rate of silicon material enterprises is normal, and the output of domestic large factories has increased significantly this month. The production of new capacity continues to climb, the demand continues to be strong, and the demand for metal silicon continues to increase.

Future market forecast

There is no significant change in the supply and demand expectation. The supply side of the epidemic in Xinjiang and the production reduction and restriction in the southwest continue to be disturbed, and the demand side has no significant improvement. Although the demand for polysilicon remains strong, the overall demand expectation is consistent with the market, and the price of metal silicon is expected to be stable in the short term.