In March, the weather is new, and on this warm spring day when flowers are blooming, the organic silicon market is flourishing like a myriad of colors, full of vitality. This week, the organic silicon market continued to operate well. From the perspective of the DMC market, after the leading company opened with a large increase last week, other individual factories followed suit one after another, and the market prices showed a temporary increase. However, downstream enterprises still had a good buying atmosphere, indirectly boosting the upstream to continue to rise. Over the weekend, some individual factories in Shandong increased their prices by 200 yuan, with DMC quotes of 16100 yuan/ton. At this point, DMC prices have fully entered the era of 16000+, and there is a certain price difference with the leading company's 17000 yuan/ton price, There is a significant advantage in spot trading. Overall, under the continuous upward trend in the upstream, the focus of market transactions has shifted upwards, and the enthusiasm for inquiries in the middle and downstream has increased. Currently, the mainstream price of DMC has been adjusted to 16100-17000 yuan/ton, and the profit of individual factories has significantly improved. As far as we know, if the current price is used for transactions, most individual factories have a profit margin of approximately 1000-1500 yuan/ton for DMC.



On the raw material side, the industrial silicon market has continued to fluctuate in recent times. On the supply side, the current production in Xinjiang continues to grow. However, some silicon factories have maintenance plans after the holiday, while the Sichuan Yunnan region is in a high cost dry season and has a low willingness to resume production in the short term. Production maintains a pattern of high in the north and low in the south, with little overall change in production. On the demand side, as we enter March, the demand for polycrystalline silicon and organic silicon gradually enters the peak season, and with the recovery of organic silicon profits, the operating rate has significantly increased in March, providing positive support for industrial silicon.




At present, the spot price of 421 # metal silicon is priced at 15200-15400 yuan/ton, and it is operating at a reasonable price; The main futures contract price of si2404 was reported at 13390 yuan/ton, a slight increase of 45. In addition, the quotation for chloroform in Shandong region is 1900 yuan/ton, with a further reduction of 100 yuan. The cost fluctuation is relatively small and has no impact on individual factories for the time being.



In terms of operating rate: Due to the impact of price increases, the profits of individual factories continue to improve, resulting in a high enthusiasm for operating. This week, a parking device in Inner Mongolia is planned to reopen, and some individual factories have also increased their production capacity to increase shipment volume. Currently, the overall operating rate has reached 72.64%. In March, multiple individual factories have scheduled pre orders until the end of March or early April, with no short-term shipment pressure. It is expected that individual devices will remain at a relatively high level. However, considering the risk of overcapacity, if the conversion of high priced new orders is poor, individual factories may still take turns in maintenance.