Latest Industry Information on Domestic Silicon Metal

Currently, in the silicon metal sector, spot prices have seen a slight increase. Looking ahead:

Supply Side: The Northwest production areas are facing challenges due to severe cold weather, resulting in difficulties in logistics and production. Additionally, due to power control measures, companies are compelled to implement production reduction and insulation measures, leading manufacturers to strongly support higher prices. There is a certain reluctance to sell, reflecting a cautious sales attitude. However, with the rising temperatures in some regions this week, there is a certain promotion effect on the increase in supply for enterprises.

Demand Side: In the organosilicon sector, prices are firm and stable, with expectations of reduced monomer supply. Downstream purchasing enthusiasm is picking up, leading to improved demand. It is expected to remain stable with a slight upward trend. In terms of polysilicon, new capacity is gradually being put into operation, and the overall industry inventory is accumulating. Contract signings are cautious, and the overall price of polysilicon remains stable.

Overall, in the northern regions, disturbances from various factors have impacted production conditions. Manufacturers are strongly inclined to support higher prices and are cautious in selling. It is expected that the price of silicon metal will continue to rise slightly in the coming days.

Regarding DMC, the market is running weakly and steadily.

The expected trend for DMC prices is weak and stable. A certain monomer plant in Zhejiang maintains a quoted price of 14,500 yuan per ton, while a certain monomer plant in Shandong quotes 13,900 yuan per ton today, an increase of 100 yuan per ton compared to the weekend. The mainstream transaction range in the domestic DMC market is 13,900-14,500 yuan per ton, delivered prices net of water.

Looking ahead:

Supply Side: The impact of overhauls in some monomer units in the northern region, coupled with a reluctance to sell, has affected spot supply, which is currently relatively sufficient, but there are expectations of reduction.

Demand Side: Downstream demand focuses on buying in small quantities at low levels, with increased purchasing enthusiasm.

Raw Material Side: The narrow increase in silicon metal prices continues, and DMC cost support continues to strengthen, promoting the willingness of monomer plants to support higher prices.

Overall, downstream demand is concentrated on moderate replenishment, with current costs remaining high. It is expected that the organosilicon market will continue to operate weakly and steadily in the near future. The domestic DMC market still faces a situation of supply and demand imbalance. Attention should be paid to temperature changes and the operational status of monomer plants under high-cost conditions in the near future.