Silicon Metal Market Experiences Slight Destocking in April, Continues in May

Published: May 9, 2025 10:19

Save

[Silicon Metal Flash News] According to SMM's supply-demand data, the total domestic silicon supply-demand balance from January to April was 31,000 mt (including silicon (Si≥97%) and secondary silicon, etc.). The balance from January to March was 39,000 mt, and a slight destocking began in April, with a magnitude of less than 10,000 mt. Based on the production schedule for May, the silicon supply-demand balance in the industry is expected to continue destocking in May, with a magnitude estimated to be within 20,000 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 09:17

[SMM PV News] Armenia Hits 1.1 GW Solar Capacity,

Armenia’s cumulative solar capacity has surged to 1.1 GW following the addition of approximately 615 MW in 2025. This rapid expansion has pushed solar's share of electricity generation to around 15%, effectively meeting the country's 2030 target years ahead of schedule. The growth is heavily driven by a net-metering scheme supporting over 50,000 autonomous producers (totaling 650 MW), though the government ended loan subsidies for rooftop solar in July to shift focus toward battery storage.

Feb 6, 2026 09:17

Feb 5, 2026 17:36

Spot Market and Domestic Inventory Brief Review (February 5, 2026) [SMM Silver Market Weekly Review]

Feb 5, 2026 17:36

Feb 5, 2026 17:33

Silver Market Price Review and Expectations Brief Commentary (February 5, 2026) [SMM Silver Market Weekly Review]

Feb 5, 2026 17:33