Increase by 400! Something unusual is coming! Yesterday, some individual factories in Shandong raised their DMC quotations by 400 yuan, to 13900 yuan/ton, and resumed free shipping, breaking the situation of high prices in the south and low prices in the north. In terms of price, it is basically consistent with the mainstream quotes of other individual factories, maintaining around 14000, and all parties still show a consistent upward trend.
Based on average demand, the middle and lower reaches still have inventory to be consumed in the early stage, so they remain calm about DMC price adjustments and quotations. Especially in the South China region, this wave of operations is actually rising and falling, and it is inevitable that the middle and lower reaches will question the determination of the upstream to unanimously raise prices. Currently, they continue to watch more and move less. On the cost side: On the supply side, industrial silicon production will maintain a pattern of low production in the south and high production in the north, and the resumption of production capacity by large factories in the northwest is expected to gradually release after next week, intensifying market inventory pressure. In terms of demand, the production of polycrystalline silicon has basically maintained the previous level; In terms of organosilicon, production has gradually declined, and overall demand has slightly weakened. Overall, the current pressure on industrial silicon production continues to increase, and under the imbalance of supply and demand, spot prices are under significant pressure. It is expected that the industrial silicon market will maintain a bottoming out trend in the short term.