Exploring the Metal Silicon Market: Insights for April 2025

As we delve deeper into the metal silicon market in early April 2025, the supply and demand dynamics present a complex picture. The latest data from Baichuan Yingfu shows that furnace operations have been significantly reduced, with only 221 furnaces in operation as of April 3, with an overall operating rate of 27.94%. This is 13 units less than the previous week, mainly due to production cuts at large factories in Xinjiang and sporadic shutdowns in other regions.

In terms of demand, the situation seems stable, but it is not optimistic. The consumption demand for metal silicon remains at a general level, and silicone companies have reduced production to stabilize prices. The output in April decreased slightly, and the output of DMC is estimated to be around 188,000 tons. The aluminum alloy sector showed a different trend, with both the operating rate and output increasing, indicating that the focus of the metal silicon market is shifting.

The export situation is also not optimistic. The total export volume in January-February 2025 was 96,700 tons, a year-on-year decrease of 4.62%. In the first week of April, new orders for polysilicon were scarce, silicone prices began to loosen, and an oversupply situation loomed. In addition, the aluminum alloy market is facing purchasing pressure, and overseas demand shows signs of weakening.

In summary, the metal silicon market in April 2025 is characterized by reduced furnace feedstock supply, moderate consumer demand, and cautious export prospects. Industry stakeholders must carefully address these challenges to maintain stability and profitability in a volatile market.