On April 30, 2026, the reference market price for domestic silicon metal # 441 was 9390 yuan/ton, which decreased by 50 yuan/ton or 0.53% compared to April 1 (market price of silicon metal # 441 was 9440 yuan/ton).
1、 Trend Review
| Gamma-PGA (gamma polyglutamic acid) |
In April, the overall market situation of Metal Silicon 441 # showed a “first suppression and then rise, with a slight decline during the month”. The price of Metal Silicon 441 # started from 9410 yuan/ton at the beginning of the month and quickly fell to 9360 yuan/ton in early April, a decrease of 0.85%. It then entered a narrow range of oscillation and repair, gradually recovering to 9390 yuan/ton in the middle and late of the month and stabilizing. As of April 30th, the domestic market price reference for metal silicon 441 # is 9200-9700 yuan/ton.
Market influencing factors
From April 1st to 10th, the market price of metal silicon 441 # rapidly fell, and the downward trend was mainly affected by weak market trading and insufficient downstream purchasing willingness, which dragged down the price pressure due to demand. From April 11th to 20th, the market price of metal silicon 441 # was in a low oscillation stage, with a mainly wait-and-see attitude. The price fluctuated slightly in the range of 9360-9370 yuan/ton, and the downward trend slowed down. From April 21st to 30th, the market stabilized and rebounded, with prices recovering to 9390 yuan/ton and remaining stable. The improvement in the market was mainly supported by marginal improvements in supply and demand.
Market analysis in the future
Currently, the overall performance of the 441 # silicon metal market is stabilizing. With the southwest region entering a period of abundant water in May, the expectation of electricity price reduction is increasing. The pace of resuming production of silicon plants in Sichuan, Yunnan and other places will accelerate, and the market supply expectation will increase. In terms of downstream demand, the demand for real estate and consumer electronics downstream of organic silicon terminals is steadily recovering, which provides certain support for silicon metal. The increase in exports of aluminum alloy power equipment and the demand for lightweight automobiles is relatively mild, and overall demand is expected to slow down. It is expected that in May, the metal silicon market will mainly operate steadily with a moderate to strong trend, and specific changes in supply and demand news need to be closely monitored.
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