441# silicon price trend
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Market analysis
China Silicon branch pointed out that due to the backlog of some inventories at the downstream component end, the reduction at the demand end is slightly greater than that at the supply end. Therefore, the current situation of supply and demand in the silicon material market has changed from short supply to tight balance, and the market price is mainly stable and wait-and-see.
On August 8, 44# metal silicon prices weakened, with an average price of 30250 yuan / ton in the domestic market. The dry season in Sichuan, the main production area, is approaching, and Xinjiang is subject to power rationing and production reduction. Superimposed on the weak metal silicon market, silicon prices continue to weaken. The weakening demand is due to the strong bearish sentiment of downstream aluminum alloy enterprises, mainly on the sidelines, the limited power of polysilicon and other factors, and the output only remains weak and stable. According to the data of business agency, China’s polysilicon output was 40400 tons in October, a month on month decrease of 3%.
Future forecast
Business analysts believe that metal silicon prices continue to fall in the short term.
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