Metal silicon and polycrystalline silicon are important raw materials in the fields of new energy and chemical engineering, and their market dynamics have a significant impact on the upstream and downstream industrial chains. Last week, although the price of silicon metal remained stable, the changes in supply and demand patterns foreshadowed potential fluctuations in the future market. On the supply side, the northern region has stable production, while the southern region is operating at a low level, with limited overall production changes; On the demand side, there is a sharp contrast between the maintenance of organic silicon monomer plants and the stable production of polycrystalline silicon plants. The gradual resumption of production in aluminum alloy plants provides certain support for the demand for metallic silicon.

The polysilicon market has shown a more stable trend, with prices remaining stable and supply and demand basically balanced. Affected by industry self-discipline and downstream rigid demand, polycrystalline silicon enterprises have turned to price stabilization strategies, achieving monthly supply-demand balance and showing a slow trend of destocking. It is expected that in March, with the slight recovery of polysilicon supply and the mismatch between downstream load increase, the market will continue to focus on destocking, and price stability will become the mainstream of the market. In the future, the supply and demand dynamics of the metal silicon and polycrystalline silicon markets will continue to affect the price trends and market expectations of the upstream and downstream industrial chains.
Downstream products such as 107 rubber, raw rubber, and mixed rubber may remain stable in the short term, but in the long run, the accumulation of cost pressures will lead to price increases for these products to adapt to the increase in raw material costs. In addition, silicone oil companies have also begun to partially raise prices to cope with cost pressures, demonstrating the gradual diffusion of cost transmission effects in the industry chain.