Recent Stalemate and Stability in Silicon Metal Prices [SMM Silicon Daily Review]

Published: Feb 12, 2025 18:06
[SMM Silicon Daily Review: Silicon Metal Prices Remain Stagnant and Stable Recently] Silicon metal prices in east China remain stable. Standard #553 silicon metal in east China is priced at 10,600-10,700 yuan/mt, above-standard #553 silicon metal at 10,800-10,900 yuan/mt, and #421 silicon metal at 11,500-11,700 yuan/mt.

SMM, February 12: Silicon metal prices in east China remained largely stable. Standard #553 silicon metal in east China was priced at 10,600-10,700 yuan/mt, above-standard #553 silicon metal at 10,800-10,900 yuan/mt, and #421 silicon metal at 11,500-11,700 yuan/mt. The recent inquiry activity in the silicon metal market has been relatively strong, but actual new order transactions fell short of expectations. This is mainly due to the price divergence between silicon buyers and sellers. Most silicon plants reported that downstream silicon purchasers still have strong price suppression sentiment, while silicon plants currently prefer to maintain stable quotations and show low willingness to sign orders at reduced prices.

》Subscribe to view SMM historical spot metal prices

For more detailed market information and dynamics, or other inquiries, please call 021-20707921, contact: Ms. Yang.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Before the holiday, the black chain is unlikely to see a trend-driven market [SMM Steel Industry Chain Weekly Report].
Feb 6, 2026 18:30
Before the holiday, the black chain is unlikely to see a trend-driven market [SMM Steel Industry Chain Weekly Report].
Read More
Before the holiday, the black chain is unlikely to see a trend-driven market [SMM Steel Industry Chain Weekly Report].
Before the holiday, the black chain is unlikely to see a trend-driven market [SMM Steel Industry Chain Weekly Report].
This week, ferrous metals were in the doldrums, with coking coal and coke staging a mid-week rise. At the beginning of the week, financial markets experienced sharp fluctuations, dragging down sentiment in the ferrous chain and leading to a pullback in futures. Mid-week, Indonesia's cut to coke production quotas drove coking coal and coke futures to lead the gains, though the impact was more pronounced on thermal coal, while coking coal's rise was largely sentiment-driven and short-lived. In the latter part of the week, finished products continued their seasonal inventory buildup, and support from the raw material side weakened, causing the entire ferrous chain to pull back. In the spot market, with the Chinese New Year holiday approaching, purchasing activity slowed down further, with end-users only making limited, as-needed purchases at low prices.
Feb 6, 2026 18:30
MMi Daily Iron Ore Report (February 6)
Feb 6, 2026 18:09
MMi Daily Iron Ore Report (February 6)
Read More
MMi Daily Iron Ore Report (February 6)
MMi Daily Iron Ore Report (February 6)
Today, the DCE iron ore futures continued to hit bottom today, with the most-traded contract I2605 closing at 760.5 yuan/mt, down 1.23% from the previous trading day. Spot prices fell by 5–10 yuan/mt compared to the previous trading day.
Feb 6, 2026 18:09
[SMM Chromium Daily Review] Inquiries and Transactions Weakened, Chromium Market Showed Mediocre Performance Before the Holiday
Feb 6, 2026 17:41
[SMM Chromium Daily Review] Inquiries and Transactions Weakened, Chromium Market Showed Mediocre Performance Before the Holiday
Read More
[SMM Chromium Daily Review] Inquiries and Transactions Weakened, Chromium Market Showed Mediocre Performance Before the Holiday
[SMM Chromium Daily Review] Inquiries and Transactions Weakened, Chromium Market Showed Mediocre Performance Before the Holiday
[SMM Chrome Daily Review: Trading and Inquiries Weakened, Chrome Market Showed Mediocre Performance Before the Holiday] February 6, 2026: Today, the ex-factory price of high-carbon ferrochrome in Inner Mongolia was 8,500-8,600 yuan/mt (50% metal content), flat MoM from the previous trading day...
Feb 6, 2026 17:41