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Business Club: Silicone DMC Soars 28% After Bottom, Can Silicon Metal Relay in August

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According to the data of the business agency, as of August 23, the average market price of metal silicon (441 #) was 11,100 yuan / ton, which was an increase of 4.39% from the average market price of 10,633.33 yuan / ton at the beginning of the month. In August, the price of the silicon market changed significantly from the previous downtrend.


The statistics of the business agency show that the lowest average price of the silicon metal (441 #) market in 2019 will appear on July 26, with an average price of 10633.33 yuan / ton, which is a 12.66% decrease from the market average price at the beginning of the year; The peak price during the year was 12,225 yuan / ton (March 4), an increase of 0.41% from the beginning of the year; the amplitude so far this year is 13.05%.


中 Since mid-March, the price of silicon metal (441 #) has shown a downward trend as a whole. The price trend of the metal silicon commodity index is as follows:




Looking at historical data, the silicon metal commodity index on August 22 was 76.74, an increase of 0.46 points from yesterday, and a decrease of 28.56% from the highest point of the cycle at 107.42 points (2017-09-12), the lowest compared to September 25, 2016. The point 68.77 points rose 11.59%. (Note: Period refers to 2011-09-01 to present)

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