This week, the spot market for silicon metal # 441 has been consolidating

According to the analysis of the Business Society’s market monitoring system, on June 20th, the reference price for the domestic market of silicon metal # 441 was 8620 yuan/ton, which was basically the same as June 13th. Compared with June 1st (the market price of 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 overall fluctuation of the domestic spot market for silicon metal # 441 is not significant, and the market is mainly operating in a consolidated manner. As of June 20th, the market price of metal silicon 441 # in East China is around 8400-8600 yuan/ton, unchanged on a weekly basis. The market price of metal silicon 553 # without oxygen is around 8000-8300 yuan/ton, unchanged on a weekly basis. The market price reference for metal silicon 441 in Kunming area is around 8900-9100 yuan/ton. The market price reference for metallic silicon 441 # in Tianjin area is around 8200-8400 yuan/ton.
Fundamental information
In terms of supply and output: Currently, the output of silicon metal supply is on the rise. Firstly, some large factories in Xinjiang have increased production and production. Secondly, some facilities in the southwest region have been slightly expanded. Therefore, the overall supply and production of metallic silicon have increased.
In terms of inventory: As of this week, the social inventory of silicon metal in major regions is about 600000 tons, a decrease of about 13000 tons compared to last week.
In terms of construction: Currently, the weekly construction rate in Xinjiang is around 68-70%, and the overall weekly construction rate has increased compared to last week. The weekly operating rate in the northwest region is around 73-75%, which has decreased compared to last week. Some facilities in the region have been shut down for maintenance, resulting in a slight decrease in overall operating rates. The weekly operating rate in Yunnan region is around 15-17%, slightly lower than last week. The weekly operating rate in Sichuan region is around 46-48%, which is basically the same as last week.
In terms of demand: Currently, the downstream of silicon metal continues to focus on essential procurement, and the overall production situation of downstream industries has generally improved, resulting in a relatively slow increase in overall demand for silicon metal.
Market analysis in the future
At present, the overall trading atmosphere in the metal silicon market is mild, and the transmission between supply and demand is still acceptable. The metal silicon data analyst of Business Society predicts that in the short term, the domestic metal silicon market will mainly adjust and operate within a certain range, and specific changes in supply and demand information need to be closely monitored.

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