On March 27, the benchmark price of silicon metal in Sunsirs was 16,890.00 RMB/ton, a decrease of -5.96% compared with the beginning of this month (17,960.00 RMB/ton).
Silicon metal continued to be under pressure this week, and the decline at the end of the week slowed down. According to the monitoring of SunSirs, as of March 27, the average price of the domestic 441# metal silicon spot market was 16,890 RMB/ton, a week-on-week decrease of 1.97%. The transaction in the spot market is still light, and some merchants sell at low prices, but it is difficult to change the weak situation. In the futures market, the decline narrowed this week, down 1.40%, closing at 15,895 RMB/ton.
