According to the analysis of the Business Society’s market monitoring system, on December 5th, the reference price for the domestic market of silicon metal # 441 was 9740 yuan/ton, which was 10 yuan/ton lower than the market price of silicon metal # 441 on December 1st (9750 yuan/ton), a decrease of 0.10%.
| Gamma-PGA (gamma polyglutamic acid) |
Weak supply and demand. Recently, the metal silicon market has been stable, with a slightly weak operation
From the Commodity Market Analysis System of Shengyi Society, it can be seen that in the recent period (12.1-12.05), the domestic spot market for silicon metal has been generally stable but weak, with some regions experiencing a narrow decline in silicon metal prices, with a decrease of about 50 yuan/ton. On December 5th, the market price of metallic silicon 441 # in the East China region of China was adjusted downwards. The market price of metallic silicon 441 # in the East China region was adjusted downwards by 50 yuan/ton, with reference to around 9600-9700 yuan/ton. The market price of oxygen 553 # was adjusted downwards by 50 yuan/ton, with reference to around 9400-9500 yuan/ton.
Fundamental situation
On the supply side: As we enter December, the overall fundamentals of the domestic silicon metal market are weak, and the market has entered a dry season. The overall operating rate of silicon metal production areas in the southern region continues to decline, and it is expected that the operating rate of silicon companies in the southern region will remain around 0-10%. At present, many silicon companies in production are mainly supported by long-term orders. Some silicon companies are reluctant to sell their spot goods after stopping production, maintaining stable quotations and weak willingness to lower prices. However, it is difficult to transact at high prices. Currently, the supply side is weak.
On the demand side: Currently, the trading atmosphere in the silicon metal market is relatively weak, and the overall operating rate of downstream factories has slightly declined. The demand for raw materials is weak, and downstream users have a strong wait-and-see attitude. The actual performance of new orders is cautious, and the overall demand performance is poor.
Market analysis in the future
At present, there is a strong bullish sentiment in the metal silicon field, and the mentality of industry players is average. The market supply and demand are showing a weak trend, and the overall market operating expectations will continue to decline in the later stage. The improvement of fundamentals remains to be seen. The metal silicon data analyst of Shengyi Society predicts that in the short term, the domestic metal silicon market will mainly operate in a range, and specific changes in supply and demand news need to be closely monitored.
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