Downstream weakness depressed metal silicon price (11.11-11.18)

441 # silicon price trend

 

Azodicarbonamide (AC foaming Agent)

The price of silicon metal continued to fall slightly this week, the market transaction atmosphere continued to be cold, and the manufacturer’s inventory pressure increased, so the actual transaction price gradually fell. As of November 18, the average price of 441 # metal silicon in the domestic market was 20910 yuan/ton according to the price monitoring of the business community.

 

The price of 441 # silicon in each region on the 18th is as follows:

 

The price range of # 441 silicon metal in Huangpu Port area is 20800-21000 yuan/ton, with an average price of 20900 yuan/ton; The price range of # 441 silicon metal in Tianjin Port is 20800-21000 yuan/ton, with an average price of 20900 yuan/ton; The price range of # 441 silicon metal in Kunming is 20500-20600 yuan/ton, with an average of 20500 yuan/ton; The price range of # 441 silicon metal in Sichuan is 20500-20600 yuan/ton, with an average of 20550 yuan/ton; The price range of # 441 silicon metal in Shanghai is 21,400-21,600 yuan/ton, with an average price of 21,500 yuan/ton.

 

Factors Affecting the Declining Price of Silicon Metal

Supply:

The production situation in Xinjiang has improved, and the number of open furnaces is stable; Due to factors such as the rise of power cost in the dry season in Southwest China, the enthusiasm for boiler shutdown and maintenance has declined. It is understood that the total number of silicon metal furnaces is 702 at present. As of November 17, the silicon metal furnace opening rate is about 50.43%, 93 in Xinjiang, 66 in Sichuan and 80 in Yunnan.

 

Cost:

The price of silicon coal raw materials is high, the control in Xinjiang is relaxed, and the supply of raw materials is guaranteed. The southwest dry season is approaching, so the cost will be supported.

 

The price of aluminum alloy ADC12 was the same as last week, the mainstream quotation was 18600 yuan/ton, the weekly operating rate of aluminum alloy was stable, and for metal silicon, the stock replenishment was still mainly just needed; The organic silicon DMC market rose slightly as a whole. The price reference was around 17,300-18,500 yuan/ton. With the increase of the parking and maintenance equipment at the supply side, the confidence of the operators was restored, but the production was still in a loss situation, and the enthusiasm for metal silicon procurement was poor.

 

The polysilicon mainstream range reached RMB 298-30900/t, and the silicon chip enterprises’ quotations remained stable,. The mainstream transaction price of M10 was stable at 7.37 yuan/piece, but downstream demand slowed down, and silicon chip manufacturers showed signs of stock accumulation, which did not rule out the possibility of continuing to reduce prices.

 

Future market forecast

 

At present, production in Xinjiang has resumed, to a certain extent, filling the supply gap in the southwest dry season. However, the cost increase in Yunnan and Sichuan may continue to reduce production. The manufacturers are reluctant to sell, and it is expected that the silicon price will fall by a limited margin

http://www.lubonchem.com/

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