The price of silicon metal increase lately
The price of metallic silicon has risen compared to the previous period, leading some silicon factories that have been shut down to have plans to resume production and increase output. At present, about 45 units are under construction in Sichuan region, and it is expected that the number will increase to about 50 units in the future. In Yunnan region, 42 units were started last week, and currently there are about 45 units. If the market price continues to rise, it is expected that the number of units under construction will exceed 50. Recently, 97 silicon manufacturers also have plans to resume production. If the price of industrial silicon remains stable, it is expected that there will be a relatively significant increase in production next month.
The increase in the price of industrial silicon is mainly due to the fact that a major factory in the north did not resume production after it was shut down. The monthly supply and demand relationship has improved. Judging from the supply and demand relationship, if the major factory does not resume production, the inventory of industrial silicon may continue to be reduced in the short term, and the price of industrial silicon may also continue to rise.
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