On December 28, the demand support for metallic silicon (441#) was weak, and the price was weak

441# silicon price trend

 

Market analysis

 

On the 28th, 441# metal silicon prices fell again. The average price in the domestic market was 21460 yuan / ton, and the silicon price basically hit the bottom. Due to the rise of electricity price in Yunnan, some enterprises shut down for maintenance. The quotation of downstream silicone rose slightly. Towards the end of the year, the sentiment of covering positions in the downstream increased significantly. However, at present, the overall inventory in the market is large and the downstream price depression mentality is strong. The price of aluminum alloy fell further, the procurement demand for raw materials was weak, and the demand support for metal silicon was weak.

 

Future forecast

 

Overall, the price of metal silicon is still stable in the short term.

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