Silicon prices in China rose rapidly in the first two weeks of March before plummeting due to weakening market confidence. Prices of Silicone DMC steadied towards the end of March, while prices of Silicon metal did not follow the trend. Silicon metal prices continued to fall sharply, and were estimated at 3540-3460 USD/MT. Market demand for silicon metal was low, with only a few purchase requests received. The factory's price fell by about 600 RMB/MT. The overwhelming majority of stockholders were clearly bearish. Many small and medium-sized silicon factories increased their willingness to sell as a result of the sharp drop in revenues. Downstream industries were also constantly changing their production rhythms as a result of lower demand and the impediment of raw material delivery.
Procurement Resource provides latest prices of Metal Silicon. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Procurement Resource provides prices of Metal Silicon for several regions around the globe, which are as follows:
About Metal Silicon:
Silicon is a chemical element having atomic number 14. This crystalline solid is hard and brittle in nature and has a blue-grey metallic lustre. It is found in group 14 of the periodic table and its oxides form a family of anions called as silicate. Metal Silicon, also known as industrial silicon, contains 98.5% or more of silicon dioxide (SiO2) and is prepared by melting quartzite and other materials. It is most commonly used as a basic industrial raw material to produce organic and polycrystalline silicon. Based on the contents of the three main impurities, viz. iron, aluminum and calcium in the Metal Silicon, it can be categorised into different grades like 553, 441, etc.
In order to produce Metal Silicon, quartzite and other materials are melted and processed to obtain the desired result with 98.5% or more silicon dioxide (SiO2).
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The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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