The Market of metal silicon # 441 consolidated this week

According to the analysis of the Business Society’s market monitoring system, on June 13th, the reference price for the domestic silicon metal # 441 market was 8620 yuan/ton, which was basically the same as June 8th. Compared with June 1st (the market price for silicon metal # 441 was 8780 yuan/ton), the price decreased by 160 yuan/ton, a decrease of 1.82%.

Gamma-PGA (gamma polyglutamic acid)

From the Commodity Market Analysis System of Shengyi Society, it can be seen that this week, the domestic spot market for silicon metal # 441 has shown a consolidation trend. During the week, the spot market for silicon metal remained stable with small movements, with some brands maintaining stable prices and some experiencing slight increases. As of June 13th, the reference market price for metal silicon 441 in East China is around 8400-8600 yuan/ton, in Kunming it is around 8900-9100 yuan/ton, and in Tianjin it is around 8200-8400 yuan/ton. The market price reference for metallic silicon 441 # in Sichuan region is around 8300-8400 yuan/ton. The market price reference for metallic silicon 441 # in Shanghai is around 8800-9000 yuan/ton.
Fundamental information
In terms of demand: Currently, the fundamental situation of the metal silicon spot market has not changed much, with large stability and small fluctuations in the spot market. Some brands have rebounded to some extent, and the overall market sentiment has improved. On the demand side, the overall performance of downstream demand is still cautious, with demand mainly focused on on-demand procurement. The demand for organic silicon market has slightly increased, while the production adjustment of polycrystalline silicon market is not significant. The demand for metallic silicon remains stable compared to the previous period. Aluminum alloy factories purchase on demand, with stable demand performance. Overall, the overall demand for the three major downstream markets of silicon metal has increased narrowly.
On the supply side, as the market gradually enters a period of abundant water, the production of metal silicon supply is slowly increasing, and some facilities in the southern region are resuming production. Combined with the addition of new production capacity, the overall supply side is increasing, and there is some pressure on the supply side in some regions.
Market analysis in the future
At present, the sentiment of inquiries and trading in the metal silicon market has improved, the mentality of industry players has been boosted, and the overall transmission between supply and demand has improved. The metal silicon data analyst of Business Society predicts that in the short term, the domestic metal silicon market will mainly remain stable with a slight increase, and specific changes in supply and demand news need to be closely monitored.

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