On February 16, the price of metallic silicon (441#) continued to rise

441# silicon price trend

 

Market analysis

 

On the 16th, 44# metal silicon prices continued to rise. The average price in the domestic market was 21100 yuan / ton, up 1.25% from the beginning of the week. From the perspective of supply and demand, at present, there are still many silicon plants in Southwest China that have not started operation due to the impact of dry season, but the downstream silicone DMC and aluminum alloy have increased slightly after new year’s day, and the downstream demand atmosphere has gradually warmed up. However, the supply side is expected to be scarce, coupled with the increasing cost pressure, and the silicon plants have strong confidence in the future market, which has led to the higher price of metal silicon.

 

Future forecast

 

Overall, metal silicon is expected to rise more likely.

PVA