Core Viewpoint - The industrial silicon market remains stable with no significant improvement, facing a dual reduction in supply and demand, leading to a pessimistic market sentiment and expectations of price fluctuations within a bottom range [1] Supply Side - The main contract price fluctuated from 9920 CNY/ton to 9760 CNY/ton, a decrease of 1.61% over the past week [1] - In March, manufacturers maintained normal production levels, resulting in a slight increase in output compared to February, but with a projected overall reduction of about 8% as northern manufacturers implement production cuts [1] - Some new production capacity is expected to come online, but the overall reduction in supply is greater than the increase [1] Demand Side - The operating load of organic silicon monomer plants continues to decline, leading to reduced demand for industrial silicon [1] - The operating levels of polysilicon plants remain stable, maintaining demand for industrial silicon [1] - Aluminum alloy plants are purchasing industrial silicon based on demand, with an overall slight decrease in demand expectations [1] Price Dynamics - Some monomer plants are experiencing significant inventory pressure, leading to a strong desire to reduce stock, which is causing downward pressure on transaction prices [1] - Polysilicon prices remain stable despite the overall market conditions [1] - The industrial silicon market is expected to face pressure due to high inventory levels, contributing to a pessimistic market outlook [1]
【安泰科】工业硅周评—市场表现平淡 现货价格持稳（2025年4月2日）
中国有色金属工业协会硅业分会·2025-04-02 09:03