Silicon Metal (441) Price Reduction on September 24

1. Trade Name: Silicon Metal (441)

2. Latest price (2019.9.24): 11166.67 yuan/ton

The price of 441_silicon is as follows:

The price range of # metal silicon in Fujian is 10 600-10 800 yuan/ton, that of # metal silicon in Sichuan is 10 800-11 1000 yuan/ton, that of # metal silicon in Kunming is 10 800-11 1000 yuan/ton, that of # metal silicon in Shanghai is 11 800-11 900 yuan/ton, that of # metal silicon in Tianjin Port is 11 400-11 500 yuan/ton, and that of Huangpu is 1 800-11 500 yuan/ton. The price range of metal silicon in Hong Kong is 1100-11300 yuan/ton.

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3. Analysis points: Some domestic low-grade silicon prices have been slightly lowered, and market sentiment is slightly pessimistic. It is reported that the current export market is weak, downstream procurement is not much; in addition, some silicon plants have completed early orders one after another, the demand for new orders is strong, due to inventory and the National Day holiday capital turnover factors, low-price supply increased.

4. Future forecast: downstream fear of heights and wait-and-see mood is strong, and short-term metal silicon stable and weak operation is expected to dominate.

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