What are the reasons for the decline in the price of silicon metal?
1. Oversupply: The increase in the production capacity of silicon metal has led to an oversupply in the market, the supply is greater than the demand, and the price has fallen.
Garde | Composition | ||||
Si Content (%) | Impurities (%) | ||||
Fe | Al | Ca | P | ||
Silicon Metal 1501 | 99.69 | 0.15 | 0.15 | 0.01 | ≤0.004% |
Silicon Metal 1502 | 99.68 | 0.15 | 0.15 | 0.02 | ≤0.004% |
Silicon Metal 1101 | 99.79 | 0.1 | 0.1 | 0.01 | ≤0.004% |
Silicon Metal 2202 | 99.58 | 0.2 | 0.2 | 0.02 | ≤0.004% |
Silicon Metal 2502 | 99.48 | 0.25 | 0.25 | 0.02 | ≤0.004% |
Silicon Metal 3303 | 99.37 | 0.3 | 0.3 | 0.03 | ≤0.005% |
Silicon Metal 411 | 99.4 | 0.4 | 0.1 | 0.1 | ≤0.005% |
Silicon Metal 421 | 99.3 | 0.4 | 0.2 | 0.1 | – |
Silicon Metal 441 | 99.1 | 0.4 | 0.4 | 0.1 | – |
Silicon Metal 551 | 98.9 | 0.5 | 0.5 | 0.1 | – |
Silicon Metal 553 | 98.7 | 0.5 | 0.5 | 0.3 | – |
Off-Grade Silicon Metal | 96 | 2 | 1 | 1 | – |
Specification granularity: natural block, 10-100mm, 10-60mm, 3-10mm, 1-3mm, 0-1mm, or customized according to customer requirements.
Packaging: Ton bag packaging (1000kg/bag) or customized according to customer requirements.
2. Weak demand: The global economic growth has slowed down, the demand for silicon metal has decreased, and the price has fallen.
3. The decline in raw material costs: The price of raw materials such as silica has fallen, which has reduced the production cost of silicon metal and caused the price to fall.
4. Trade tensions: Trade tensions such as trade wars and tariffs may lead to a decrease in the export volume of silicon metal, causing the price to fall.
5. The emergence of alternative products: The emergence of new alternative products may affect the demand for silicon metal, leading to a price drop.
6. Macroeconomic factors: Macroeconomic factors such as inflation and exchange rate fluctuations may affect the price of silicon metal, leading to a price drop.