Today, the domestic metal silicon market continues to remain stable. Due to the high level of construction in the southwest main producing areas in the past two months, the downstream demand is not much improved, and the supply and consumption of goods are limited, resulting in the overall inventory accumulation of the market, and the overall weak metal silicon market. However, at present, the price is basically near the cost, and the sentiment of the manufacturer is strong, and the market is not much low-price supply. The trader side still has some cash to wait and see, the terminal operating rate is not high, the demand is light, and the market as a whole still shows a stalemate atmosphere.
In terms of the spot market price on August 9, 553 non-oxygen factory price 12500-12700 yuan/ton (flat), 553 oxygen mainstream port delivery price 13000-13300 yuan/ton (flat), 441 mainstream port delivery price 13600-13900 yuan/ton (flat), 3303 mainstream port delivery price 14100-14400 yuan/ton (flat), chemical grade metal silicon 421 mainstream port delivery price 14200-14500 yuan/ton (flat), 97 other silicon 11000-11800 yuan/ton (flat).
In terms of futures, on August 8, 2023 (yesterday), the main 2309 contract of industrial silicon futures closed at 13,185 yuan/ton, down 80 yuan/ton, down 0.6%, the opening price of 13,235 yuan/ton, the highest price of 13,295 yuan/ton, the lowest price of 13,160 yuan/ton, the volume of 14,333 hands, the position of 42,393 hands; The 2310 contract closed at 13250 yuan/ton, down 80 yuan/ton, or 0.6%, the opening price of 13300 yuan/ton, the highest price of 13330 yuan/ton, the lowest price of 13220 yuan/ton, the turnover of 26,605 lots, the open position of 56,759 lots. Today (August 9) the opening price of 2309 contracts is 13,275 yuan/ton, the lowest price in the morning is 13,200 yuan/ton, the highest price is 13,325 yuan/ton; The 2310 contract opened at 13,265 yuan/ton, the lowest price in the morning was 13,240 yuan/ton, and the highest price was 13,385 yuan/ton.
From the above price data, the spot market has remained stable for a long time, and the futures plate is basically flat with the spot price this week, and the market as a whole has entered a relatively stable stage, and it is difficult to rise and fall in the short term. In the downstream aspect, silicone and polysilicon prices rebounded, the inverted situation was improved in the early stage, the cost pressure of manufacturers was eased, and the price of raw materials procurement was reduced. The operating rate of aluminum alloy manufacturers is not high, the maintenance of just need to purchase mainly, and the transaction price is more with the market. The overall transaction of metal silicon market is lukewarm, the phenomenon of oversupply still exists, the short-term market is not much improved, and the medium and long term stable operation is mainly maintained.
