According to the analysis of the Business Society’s market monitoring system, as of January 31, 2026, the reference market price for domestic silicon metal # 441 is 9650 yuan/ton. Compared with January 1 (the market price for silicon metal # 441 is 9620 yuan/ton), the price has increased by 30 yuan/ton, an increase of 0.31%.
| Gamma-PGA (gamma polyglutamic acid) |
Supply continues to tighten in January, and the metal silicon market remains stable with a narrow upward adjustment
In mid to early January (January 1st to January 25th), the domestic market price of silicon metal # 441 remained stable at 9620 yuan/ton, and the silicon metal market was in a weak supply-demand balance, with prices remaining stable and the overall market showing no significant fluctuations. Approaching the end of the month (January 26 to January 31), driven by expectations of supply contraction and other factors, prices have slightly increased. In some regions, the market price of metal silicon # 441 has narrowly increased by about 50 yuan/ton, and the overall domestic price has risen to 9650 yuan/ton. The overall market trend shows a calm beginning of the month and a slight upward trend at the end of the month.
Analysis of Factors Influencing Market Trends
Supply side: The operating rate in the southwestern production areas (Sichuan, Yunnan) remains low, with most manufacturers shutting down their furnaces and production, resulting in a contraction in supply. Some enterprises in Xinjiang, Inner Mongolia and other places have carried out early maintenance or reduced production due to losses, further tightening market supply and supporting market prices.
In terms of demand, downstream industries such as polysilicon and organosilicon have shown relatively weak demand, with low purchasing willingness, which has suppressed the upward space for prices. The game between low demand season and supply contraction resulted in stable prices in the early stage and a slight increase at the end of the month.
Market analysis in the future
In the short term, as the Spring Festival approaches, logistics will gradually shut down, and there will be limited changes in the market situation of metal silicon, mainly manifested as stable and narrow adjustments in operation. In the long run, after the holiday, the market needs to pay more attention to the actual implementation of upstream production reduction plans. If the supply contraction exceeds expectations, prices can tend to strengthen after the holiday. We also need to pay attention to the improvement signals of downstream demand, especially factors such as changes in operating rates in the polysilicon and organosilicon industries.
| http://www.lubonchem.com/ |