The market is deserted and silicon metal prices are on a downward trend again
Source:iotachem.com
PostTime:2024-08-19 14:45:27
In the first week of August, the domestic silicon metal market was stable and consolidated as a whole. After the market fell continuously in the previous period, the market finally stopped falling and stabilized in August. However, the market situation has not been calm for a few days. Affected by the poor transmission of supply and demand in the market, the silicon metal market has fallen again. The price of silicon metal in many regions has been reduced by 50-100 yuan/ton.
Supply: At present, the supply side of silicon metal is still loose, and the supply side is under pressure, which provides limited support to the silicon metal market.
Downstream: Recently, the organosilicon DMC market downstream of silicon metal has experienced a narrow rebound. At present, the organosilicon DMC market mainly digests the previous raw materials, and the demand for silicon metal has not increased much. Whether the market can bring a small increase in demand to the silicon metal market remains to be seen.
The overall operating rate of the downstream polysilicon market has been slightly reduced, and the demand for silicon metal has also decreased slightly. The downstream metallurgical market is operating at a low level, and the demand for silicon metal has not been significantly boosted, and it is mainly purchased on demand. Therefore, from August to now, the overall demand performance of the silicon metal market has been poor, and the market support for silicon metal is insufficient.
At present, the wait-and-see sentiment in the silicon metal market is strong, the industry is cautious, and the transmission between supply and demand is still relatively slow. In the short term, the domestic silicon metal market is mainly adjusted in a narrow range, and the specific trend still needs to pay more attention to the changes in the news on the supply and demand side.
