Last week, the metal silicon and polycrystalline silicon markets showed different dynamic performances. The spot price of metallic silicon remains stable, while the market price of polycrystalline silicon also remains stable, but there are differences in the market logic behind the two.
In terms of the silicon metal market, the stable production of manufacturers during the Spring Festival and the low market activity after the holiday jointly promoted the stability of prices. At the same time, the northern region has become the main supplier, while the southern region has a lower operating rate due to the impact of the dry season, resulting in relatively small overall production changes. On the demand side, there has been a slight increase in demand for metallic silicon from organic silicon monomer factories, but a decrease in demand from polycrystalline silicon and aluminum alloy enterprises, resulting in a more balanced supply-demand relationship.

In the polycrystalline silicon market, companies are still in negotiations for orders after the first year of normal execution. With the rapid development of the new energy industry and the expansion of photovoltaic power plant construction scale, the market demand for polycrystalline silicon, as one of the core raw materials in the photovoltaic industry, continues to grow. At the same time, there is a risk that the growth in silicon wafer production scheduling may be converted into inventory, but overall, the supply and demand relationship in the polycrystalline silicon market is gradually transitioning towards balance.
Looking ahead to the future, both the metal silicon and polycrystalline silicon markets will face more intense market competition and industrial upgrading challenges. However, with the rapid development of new energy industries such as new energy vehicles and photovoltaics, as well as the tightening of environmental policies and the promotion of industrial upgrading, both will usher in broader market space and development opportunities.
Therefore, metal silicon and polycrystalline silicon enterprises should seize market opportunities, strengthen technological innovation and industrial upgrading investment, and improve product quality and service levels. At the same time, we should actively explore emerging market areas and expand our customer base to meet future market challenges. In addition, enterprises should closely monitor the impact of external factors such as international market price changes and policy adjustments on the market, and establish a sound risk management system to cope with potential market risks.