Last week, the spot market for silicon metal continued to operate steadily, with a relatively sluggish market situation. The recovery of downstream demand is slow, and there are few actual transactions. The purchasing side mainly purchases at low prices according to demand. On the supply side, there has been relatively little change in production in the northern region, and a few silicon plants are expected to resume production, but there has not been a significant increase in output; The construction in the southern region continues to remain at a low level, with limited overall production changes. These factors collectively led to a lackluster performance in the spot market for silicon metal.

From the demand side, the rotation of maintenance in organic silicon monomer factories has led to a reduction in overall supply and a corresponding decrease in demand for metallic silicon. The operation of the polycrystalline silicon plant is relatively stable, mainly consuming existing raw materials and purchasing metallic silicon as needed. Aluminum alloy factories are gradually resuming production, and the demand for silicon metal has increased, but the increment is limited. Overall, there is an expectation of increased supply, while the slow recovery of demand has led to a lack of upward momentum in prices. However, due to cost support below, prices will continue to operate at a low price and remain stable.
Although the current market performance is flat, there are also opportunities hidden within it. On the one hand, with the gradual recovery of downstream industries, the demand for silicon metal is expected to increase; On the other hand, the industry is actively promoting technological innovation and industrial upgrading to improve product quality and reduce production costs. These changes will bring new growth points and development opportunities to the silicon metal market.