The Silicon Metal Market In June 2025

I.Price trend of silicon metal

Demand increased, and prices fell and then rose small.

• In early June, the price has been in a low downward stage, and the overall market trading is not active.
• After the market price rose a little in the middle of June, buyers became more active.
• By the end of the month, prices rose due to production cuts by major producers and the resumption of downstream operations.

Some traders actively restocked, while downstream demand remained cautious. Market supply-demand have improved,Unable to withdraw in large quantities.

II.Export market

According to statistics.

• In May, the total export of China’s industrial silicon products was 55,652 tons,
• A year-on-year decrease of 16,135 tons, a decrease of 22.48%.
• A month-on-month decrease of 4,857 tons, a decrease8.03%.
• The cumulative export volume from January to May 2025 was 272,382 tons, a year-on-year decrease of 31,312 tons or 10.31%.

III. Summary of operation, output and production area

According to statistics.

• In June, 735 tons silicon metal furnaces nationwide were opened normally.
• 210 furnaces, with a month-on-month production reduction of 22 furnaces .
• A year-on-year production reduction of 253 furnaces; the operating rate was 28.57%.
• Month-on-month ，A decrease of 3.17%.

• In June, China’s silicon production capacity was 809,910 tons, put into production, with a production capacity of 350,730 tons, and a production capacity release rate of 43.30%.
• In June, China’s silicon output is about 323,820 tons, a month-on-month increase of 9,950 tons, an increase of 3.17%, a year-on-year decrease of 131,710 tons, a decrease of 28.91%.

IV. Downstream Market

Aluminium Alloy Market:

This month, aluminium alloy prices fluctuated normally at high levels. Due to the off-season, some aluminium alloy manufacturers are purchasing, mainly consuming existing inventory. Large aluminium alloy producers are purchasing based on demand.

Silicone Market:

Silicone prices continued to decline to low levels this month. After maintenance, some silicone manufacturers resumed production, increasing output. However, downstream purchasing enthusiasm remains weak. Purchases are mainly based on demand, with no stockpiling.

Poly silicon Market:

Poly silicon prices saw a slight decline while remaining stable. Some polysilicon manufacturers resumed production, boosting demand for industrial silicon. With the rise in metallurgical silicon prices, a slight price increase is expected, although poly silicon manufacturers are not stocking up.

V. Outlook for Next Month

Cost Aspect:

Raw material prices have recently reached a low point, with limited room for further decline. In the coming month, Yunnan province will implement the wet season electricity tariff. Additionally, silicon manufacturers across regions are applying for preferential electricity rates, so costs are expected to continue decreasing.

Supply and Demand:

This month,  silicon production was about 350,000 tonnes, with downstream demand increasing. It is estimated that inventory will reduce by about 20,000 to 25,000 tonnes in June.

• Some silicon plants in the northwest region are under maintenance.
• One major plant reduced production after an increase.

A slight inventory draw down is expected in June.

Price Trend:

Silicon prices show a slight rebound from lows. However, the potential for industrial silicon price increases remains limited.