The price of silicon metal is stable this week
Recently the price of silicon metal market is stable. The current silicon metal market is not easy to rise and fall.
The difficulty in raising prices lies in the fact that aluminum and silicone markets and export markets are not ideal. Consumption shows negative growth in a short period of time, and the price drops in a few new plants in the wet season, and silicon metal supply will continue to be high.
On the one hand, polysilicon market price and consumption are strongly supported, and more new projects are put into production in the second half of the year, and market consumption is expected to increase by 20,000 tons/month. On the other hand, the factories in Sichuan and Yunnan have only entered the wet season for 1-2 months, and the overall output has not increased much. Moreover, due to the large cash flow, the factories are not willing to ship at a low price and still have the ability to stockpile goods in a small range. In addition, silicon metal futures listing is expected to be hot, the various forces in advance to prepare. At present, sichuan-Dian silicon factory inventory sporadic, some enterprises row production, quotation is still strong.
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