In September, due to the excessive price increase of domestic silicon metal and organic silicon, from September 1 to September 30, the price of DMC increased by 24,500 yuan/ton, an increase of 65%, and the price of 421# metal silicon increased by 38,500 yuan/ton. The increase reached 140%. With the exception of South Korea, foreign markets have not kept up, resulting in a price upside-down phenomenon. Since foreign prices are lower than domestic prices, manufacturers have recently reduced their willingness to export, and the supply of goods in the domestic market has increased. The supply shortage has eased, and everyone can buy goods. However, the current price in overseas markets is mainly based on previously signed orders. We understand that domestic export companies have issued price increase notices to overseas customers to explain the increase in the price of silicon metal and the shortage of supply. Japan, Europe and the United States will soon announce substantial price adjustments. It will also affect the domestic market.
      Secondly, the current price of 421# metal silicon still shows no signs of correction. The monomer plant is supported by cost, and the willingness to lower the price is not strong, and the impact of recent power restrictions has reduced production and less inventory, which further increases the willingness of monomer plants to support prices.
      Thirdly, the demand for downstream room temperature glue has declined, some manufacturers have stopped production, most manufacturers resist high prices, and their willingness to purchase is reduced. Monomer plants lack the driving force for price increases, and the possibility of price increases is small.
      Finally, some manufacturers lowered their prices mainly due to their small production capacity and limited competitiveness. When the supply of goods is tight, they can provide spot goods and can sell at high prices, but when the supply of goods is sufficient, they cannot compete with other major manufacturers and can only lower their prices. response.