Silicon Price Keeps Rising, and the growth to Slow down amid Falling Purchases, SMM Forecasts

The silicon powder market is crucial for modern industries due to its unique properties, including high purity and thermal conductivity, making it ideal for electronics, ceramics, and alloys. The price dynamics are influenced by raw material availability, production costs, and market demand, with high-purity and ultrafine particle sizes commanding premium prices. Technological advancements have improved production efficiency, reducing costs and optimizing pricing. Demand from key industries such as electronics and ceramics drives the market, with a growing interest in high-purity silicon powders for advanced applications. Emerging uses in aerospace and medical technology are expanding the market, with black silicon carbide powder showing potential for material strength and durability. Research indicates that silica is not inert, necessitating further study into its reactivity. The market is also affected by global economic factors and is exploring new markets and applications, particularly with the use of Iron Oxide Synthetic Powder in innovative ways. Metal.com, established in 2015, is a leading platform providing real-time price information, logistics, and financial services to the silicon powder market, facilitating secure and transparent transactions. Companies can navigate market fluctuations by diversifying sourcing, monitoring supply chains, and investing in R&D to maintain a competitive edge and drive technological advancements.

July industrial silicon output in China stood at 272,000 mt, an increase of 64.4% year on year and 18.1% month on month, growth sustained according to SMM survey.

Trading improved in the oxygen-free #553 silicon market as China’s National Day holiday nears, SMM finds.

Silicon plants in Zhangzhou and Sanming will also cut, or halt output with nearing of BRICS meeting.

China’s National Development & Reform Commission and National Energy Administration released Trial Measures for Grid-connected Micro Grid Construction.

Transaction of high-priced high-grade silicon improved in recent days in Yunnan’s market, and silicon plants will raise offers further due to decent orders.

China's steel mills started bidding negotiation for Si-Mg alloy in August, and had intense price struggle with traders.

Silicon metal producers in Yunnan Province released guide price this week, which is raised further from last week, SMM reported.

Some large steel mills in south China launched biddings for Si-Mg alloy ahead of schedule for August.

Traders, suffering losses due to big price gap between offers by silicon metal plants and downstream purchase prices, postponed delivery after negotiation with downstream buyers.