Average price of silicon metal market rose 2.55% (11.13-11.20) weekly

This week (11.13-11.20), the average price of domestic silicon (441) market rose sharply, with a range of 2.55%.

 

Compared with the domestic market, the average price of silicon increased by 11.33% compared with the domestic market at the beginning of the year.

 

On the 20th, the prices of 441 silicon in different regions were as follows:

 

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The price range of silicon metal in Fujian is 12500-12600 yuan / ton, that of Sichuan is 12700-12900 yuan / ton, that of Kunming is 12700-12900 yuan / ton, that of Shanghai is 13700-13900 yuan / ton, that of Tianjin port is 13300-13400 yuan / ton, and that of Huangpu port is 13000-13100 yuan / ton 。

 

Recent positive factors

 

1. The silicon production in Yunnan has been reduced

 

On the news, Yunnan Dehong silicon plant started to reduce production orderly in the middle and early November due to power restriction factors. The reduction and shutdown of metal silicon factories in Yunnan increased, and the regional output reduction was expected to intensify.

 

2. Tight spot at trading end

 

At present, there are not many spot metal silicon stocks available for trading in the market, and the market is in a good situation. The stock holders are not worried about the situation. The willingness of some large manufacturers to raise prices is increased, which encourages the market to be bullish.

 

Future forecast

 

The rise of downstream price is beneficial to the price of raw materials to a certain extent; combined with the recent tight spot situation, it is expected that the rising state of silicon metal price in the near future will probably continue.

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