Silicon Metal Raw Material Market Weakens, Silicon Coal Prices Decline in Multiple Regions [SMM Silicon Daily Review]

Published: Mar 24, 2025 15:11

Save

[SMM Silicon Daily Review: Weakness in Raw Material Prices for Silicon Metal, Decline in Silicon Coal Prices Across Multiple Regions] In east China, some silicon prices saw a slight decline. Above-standard #553 silicon was priced at 10,300-10,500 yuan/mt, and #421 silicon for silicone use was at 11,800-12,100 yuan/mt, with the average price down by 50 yuan/mt; #3303 silicon was at 11,500-11,900 yuan/mt, with the average price also down by 50 yuan/mt.

SMM Mar 24: Some silicon prices in east China edged down. The price of above-standard #553 silicon ranged from 10,300 to 10,500 yuan/mt, and the price of #421 silicon for silicone use was between 11,800 and 12,100 yuan/mt, with an average decrease of 50 yuan/mt; the price of #3303 silicon was in the range of 11,500 to 11,900 yuan/mt, also with an average decrease of 50 yuan/mt. Under the influence of a weak silicon metal market, the price of silicon coal, a raw material for silicon metal, also fluctuated downward recently. Prices of silicon coal in many regions declined, even the non-caking silicon coal in Xinjiang, which had robust order demand, did not hold its price, and underwent the second price reduction this year, currently falling to 1,050 yuan/mt. Similarly, the price of non-caking silicon coal in Shaanxi also dropped again, with current market prices varying between 800-900 yuan/mt, and some silicon coal with higher moisture content even reached around 740-750 yuan/mt.

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

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].

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

Feb 6, 2026 18:09

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

Feb 6, 2026 17:41

[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