Near the end of the month! Under the temptation of some mid and downstream enterprises to cover their positions at a low level, monomer factories began to "roll in" again in order to grab orders. Yesterday, individual monomer factories in Shandong fell another 100 yuan, with DMC's quotation of 15500 yuan/ton, breaking a new low. Other monomer factories have also followed up with 100-300 yuan. Currently, DMC's comprehensive quotation is between 15500 yuan and 16000 yuan/ton, with a daily decline of 1.53%. However, this week, the downstream stock sentiment has been driven, and there is a volume of low volume transactions. Some of the monomer factories that have preempted the market in advance intend to stabilize their prices, and as the loss continues to intensify, some enterprises prefer to actively stop rather than passively follow the decline. This round of decline may have bottomed out. Today, individual monomer factories in Shandong DMC rose 100, and DMC reported 15600 yuan/ton. Next, let's look at how mainstream monomer manufacturers make quotations. Since their clandestine transactions have long been close to low prices, the probability is also primarily to maintain stability.



Currently, due to the seasonal reduction in production in the dry season in the southwest region, and the continued high level of construction in Xinjiang, Inner Mongolia, and other places, the overall supply of industrial silicon is still relatively strong. Currently, the quotation for 421 # metal silicon is stable at 17200 to 18000 yuan/ton. It is understood that the transaction price of ordinary 421 # metal silicon in the Yunnan market is between 16700 and 17000 yuan/ton. In the future, with the arrival of a new round of maintenance tide in individual factories, demand is weakening again, and the price of metal silicon still has the possibility of falling. In addition, chloroform in Shandong Province has now achieved three consecutive declines, with an offer of 2650 yuan/ton yesterday, a further 50% decrease. Overall, the cost side of individual plants is dominated by weak operation.



In terms of operating rate: In order to balance the supply and demand relationship, individual factories have increased their production and reduced their production. Recently, plants in Jiangsu, Zhejiang, Shandong, Inner Mongolia, and other regions have experienced varying degrees of shutdown and load reduction, and the overall operating rate has decreased to 65.84%. If the bottom reading this week still falls short of expectations, it is expected that the overall operating rate may fall below 60% in early April.