Market analysis

Today, the price of metal silicon was weak and consolidated. After more than one month’s concession, the low price transaction in the market has warmed up. According to the price monitoring of business society, the average price of domestic metal silicon market on the 20th was 20880 yuan / ton.

The news of RRR reduction at the policy end also stimulated the market flow to a certain extent. Polysilicon is relatively strong, but the demand of silicone and aluminum alloy industry is general. With the continuous fermentation of the epidemic, the downstream demand continues to be suppressed. The overseas demand for metallic silicon is also limited. According to the latest data of metallic silicon export customs, the total amount in March was 71777.27 tons, an increase of 62.08% month on month and a year-on-year decrease of 10.70%. Affected by the international situation, some overseas end customers reduced production and production, greatly reducing the demand for raw metallic silicon.

Business analysts believe that the current macro positive landing has boosted some rigid demand, but the epidemic continues to curb demand, and metal silicon is expected to maintain a weak shock in the short term.