According to data from business associations, the average price of 441_silicon ports on April 22 was 11741.67 yuan/ton, down 2.96% from the average price of 12100 yuan/ton on January 1. It is reported that the price of 441_silicon rose slightly after returning from the year, boosted by downstream demand, followed by weak consolidation and monotonous downward adjustment.
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At present, the price of silicon is low, and the price of low-grade silicon continues its downward trend. On the one hand, based on the high inventory of silicon society and the shortage of polycrystalline silicon, the demand for recycled aluminum alloy enterprises is weakened, the overall demand for the downstream is weak, the supply and demand fundamentals are not good, and on the other hand, the declining silicon market has dampened the enthusiasm of traders in the market, and traders and downstream enterprises are mainly watching or buying on demand.
Expected market outlook
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Affected by the high price of electricity in the dry season and the current low price of metal silicon, the overall starting rate of each production area is low. Whether the supply and demand can be reversed or not, the market will wait and see the downstream demand. It is expected that the weak consolidation will be maintained in the near future.
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