On October 20, 2026, the reference market price for domestic silicon metal # 441 was 9580 yuan/ton, which increased by 30 yuan/ton, or 0.31%, compared to October 13 (market price of silicon metal # 441 was 9550 yuan/ton).
1、 Trend analysis
In mid October, the domestic silicon metal 441 # market showed an overall fluctuating upward trend, with a range of fluctuations after experiencing a slight increase. Entering the middle of the year, the market for metal silicon 441 # has been experiencing two consecutive days of upward movement, with many regions in China raising the price of metal silicon 441 # by around 50-100 yuan/ton. Subsequently, the market experienced a slight correction and then fluctuated. As of October 20th, the domestic market price reference for metal silicon 441 # is around 9250-9850 yuan/ton.
2、 Fundamental situation
In terms of cost: Currently, the performance of metal silicon raw materials and costs is relatively strong. The prices of electricity and raw materials such as petroleum coke and silicon coal are at a high level, which provides increased cost support for metal silicon. In addition, the cost of automobile transportation has also increased, thus providing a bottom line for the metal silicon market in terms of cost.
In terms of supply and demand: Currently, the overall supply of metallic silicon in the market is tight, and some suitable spot goods are in short supply. The overall increase in the supply of metallic silicon is limited, and the overall weekly operating expectations of the downstream polycrystalline silicon market have slightly decreased. The weekly operating expectations of organic silicon remain stable, and the weekly operating expectations of aluminum alloy have slightly increased. The overall demand increment is average, and downstream users mostly purchase and transact according to demand. The transmission of metallic silicon supply and demand is mainly mild.
3、 Market analysis in the future
At present, the trading atmosphere in the domestic silicon metal market is relatively mild. In the short term, it is expected that the overall supply increment in the market will still be limited, and downstream digestion of early inventory or replenishment of just needed inventory will be the main focus. Business Society’s silicon metal data analyst believes that in the short term, the domestic silicon metal market will mainly operate in a range of fluctuations, and specific attention needs to be paid to the resumption of production in some regions and downstream production situation.
| http://www.lubonchem.com/ |