The recent trend of continued rise in the price of silicon metal has disappeared. The reason for the rise in the price of silicon metal last month is mostly due to the unilateral willingness of sellers formed by the continued decline in the cost to stimulate factory prices. The substantial price increase is not enough. It needs to be supported by consumption, so can the current demand support the factory's willingness to stand up to the price?
Judging from the current market situation, terminal demand is not good and procurement is weak, the bearish sentiment of upstream and downstream companies has spread, and market transactions have gradually cooled down. The price trend of silicon metal is determined by the relationship between supply and demand in the market. If the market demand for silicon metal is weak, it is self-evident that it will fall.
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