Weekly Review of Industrial Silicon

 This week, the spot price of industrial silicon showed a stable with a slight decline. The market price of raw materials remained stable. However, the national operating rate of silicon factories was relatively low, and the consumption of silicon factories was limited. Raw material suppliers were also competing with each other. Moreover, the price of industrial silicon was in a low period. To reduce costs and increase efficiency, the requirements for raw materials were constantly being lowered.

   After resuming work at the southern silicon factory, the shipment volume has been relatively small, and it is currently also facing considerable pressure on production funds. On the supply side, production in the south has increased, but the increment in demand is limited. In terms of inventory, since June, industrial silicon has continued to be under pressure at historically high inventory levels. In terms of cost, apart from technological improvements, the overall production cost of silicon plants has not decreased. In the absence of timely favorable news in the market, the short-term weak and volatile situation of industrial silicon is hard to change.