Mainstream price of silicon remains stable

Supply

Sichuan by the impact of the Universiade to reduce the production of silicon enterprises can resume production, part of the digging furnace shutdown of silicon enterprises to resume production still need some time, the rest of the insulation of silicon enterprises will be resumed production in recent days. Individual silicon enterprises in the North recently made preparations for the resumption of production, plans to produce specifications to 421 # silicon mainly.

Inventory

According to statistics, on July 28, the national silicon metal social inventory totaled 217,000 tons, an increase of 11,000 tons compared with last week. Showing an increase in social inventory, factory inventory decreased, the overall de-stocking situation.

Export

Customs data show that China's silicon metal exports in June 2023 was 48,000 tons, a decrease of 2% year-on-year decrease of 18%. 288,200 tons of cumulative exports of silicon metal in January-June 2023, a decrease of 18% year-on-year;

In the current situation, the production enterprises are also very cautious to buy silicon metal, but the overall demand for silicon metal is relatively stable. Hainan West Asia Group is expected to expect the short-term silicon price shock run. For price trends and market conditions, please contact Hainan West Asia Group