According to the market monitoring system analysis of Business Society, on January 6, 2026, the domestic market price reference for metal silicon #441 was 9,620 yuan/ton, which remained basically unchanged compared to January 1. Compared with December 1 (when the market price for metal silicon #441 was 9,750 yuan/ton), the price decreased by 130 yuan/ton, a decline of 1.33%.

Weak Supply and Demand, Metal Silicon Market Remains Weak and Stable

As observed from the Business Society commodity market analysis system, entering 2026, the domestic metal silicon spot market has not experienced a significant upward trend. Instead, the market has shown a weak consolidation pattern, with minimal fluctuations compared to the pre-holiday period. On January 6, the market price reference for metal silicon 441# in the East China region was approximately 9,300–9,500 yuan/ton. The market price for oxygenated 553# was around 9,200–9,300 yuan/ton, while #521 had a market price reference of approximately 9,300–9,500 yuan/ton. For 421#, the market price was around 9,500–9,800 yuan/ton.

Fundamental Situation

Supply and Operating Rates: Currently, the overall sentiment in the metal silicon market is weak. On the supply side, maintenance and production reductions have occurred in northern regions, leading to a decrease in overall operating rates and output for metal silicon.

Demand Side: At present, downstream procurement of metal silicon remains relatively cautious. Slight production cuts in downstream polysilicon and organic silicon have resulted in reduced demand for industrial silicon. Although some users have restocking needs, most are adopting a wait-and-see approach, primarily inquiring about prices, with actual transactions being relatively limited.

Future Market Analysis

Currently, the metal silicon market is characterized by weak supply and demand, with subdued trading activity. Inventory pressure in the market has not significantly eased. Business Society's metal silicon data analysts predict that, in the short term, the domestic metal silicon market will likely continue its weak trend, with prices mainly fluctuating within a narrow range. Specific developments will depend on changes in supply and demand dynamics.