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silicon metal price 2020

2020-07-28

silicon metal price 2020Silicon metal market development prospect analysis.

Silicon metal, also known as crystalline silicon or industrial silicon, is mainly used as an additive in non-ferrous alloys.Metallic silicon is a product smelted by quartz and coke in an electric heating furnace. The content of main component silicon element is about 98% (in recent years, 99.99% containing Si is also included in the metallic silicon), and the rest impurities are iron, aluminum, calcium, etc.It is commonly used in aluminum alloy, semiconductor, iron and steel smelting and precision ceramics.

From the perspective of regional distribution of output, affected by power cost, China's main production areas of silicon metal are In Xinjiang, Yunnan and Sichuan, which account for 75% of the national output.In 2019, Xinjiang accounted for about 40 percent of China's silicon production, while Yunnan and Sichuan accounted for 20 percent and 13 percent, respectively.

Demand for silicon metal is rising steadily
In terms of demand, China's silicon metal market demand is increasing year by year, but the growth rate is gradually slowing down. In 2018, China's silicon metal market demand is 1.54 million tons, and in 2019, domestic silicon metal market demand is 1.6 million tons, a year-on-year growth of 3.9%, the growth rate is 3.1 percentage points lower than 2018.

From the perspective of the demand structure of silicon metal, organic silicon is the application field of silicon metal, and the consumption of silicon metal in the organic silicon industry is the largest and the demand grows fastest. In 2019, the consumption of silicon metal in the organic silicon industry reached 740,000 tons, accounting for 46.25%, and the consumption increased 7.2% compared with that in 2018.

Since 2019, our silicon metal prices continue to reduce, in the first half of 2019, affected by the export and downstream aluminum industry downturn, silicon metal prices are falling, the second half of 2019, silicon metal market prices have rebounded, but compared with the start is still in the volatile downward trend, 2019 silicon metal market price fell to 10633 yuan/ton, the end of 2019, China silicon metal market price is 11833 yuan/ton, down 2.8% compared with the beginning of 2019.

Silicon metal price 2020, the beginning of the new champions league outbreaks and spring, the influence of the domestic silicon metal production, metal silicon market prices rose, the peak at 12550 yuan/ton, since mid-march, however, to the control of domestic outbreak, gradually return to work and production enterprises, with the recovery of silicon metal production, coupled with the outbreak of epidemic situation abroad, makes a collapse in export demand, silicon metal, market prices have been falling drop significantly, as of June 22, 2020, silicon metal price of 10558.33 yuan/ton, down 1.08% compared with the beginning of 2020.