Monthly Silicon Market Report Nov 2024

Contents
1.Market Highlights 2
2.Economy and Policy 2
2.1 China sees higher production of metals key to green transition 2
2.2 China passes revised mineral resources law 2
2.3 Baoshan's silicon metal production up 4.8% YoY in Jan-Oct 2
3.Market Movements 2
3.1 Chinese market 2
3.1.1 Silicon metal 97%min EXW 2
3.1.2 Silicon metal 7-8-3 delivered 2
3.1.3 Silicon metal 5-5-3 delivered 3
3.1.4 Silicon metal 4-4-1 delivered 3
3.1.5 Silicon metal 3-3-03 delivered 3
3.1.6 Silicon metal 2-2-02 delivered 3
3.1.7 Silicon metal 4-2-1 delivered 3
3.1.8 Polysilicon 9N delivered 3
3.1.9 Silicon Powder 99%min delivered 3
3.1.10 Chinese ferrosilicon 72%min EXW D/P 4
3.1.11 Chinese ferrosilicon 75%min EXW D/P 4
3.2 Export market 4
3.2.1 Silicon metal 5-5-3 FOB China 4
3.2.2 Silicon metal 4-4-1 FOB China 4
3.2.3 Silicon metal 3-3-03 FOB China 4
3.2.4 Silicon metal 2-2-02 FOB China 4
3.2.5 Chinese ferrosilicon 72%min FOB China 5
3.2.6 Chinese ferrosilicon 72%min Ex-VAT FOB China 5
3.2.7 Chinese ferrosilicon 75%min FOB China 5
3.2.8 Chinese ferrosilicon 75%min Ex-VAT FOB China 5
3.3 International market 5
3.3.1 Silicon metal 5-5-3 DDP in Europe 5
3.3.2 Silicon metal 4-4-1 DDP in Europe 5
3.3.3 Silicon metal 5-5-3 delivered in India 6
3.3.4 Silicon metal 4-4-1 delivered in India 6
3.3.Asian Metal Copyright91% MoM in Nov 7 5.Asian Metal Copyright5 Silicon metal 98.Asian Metal Copyright3.Asian Metal Copyright5%min D.Asian Metal Copyright6 Ferrosilicon 75%min in Europe in warehouse Rotterdam 6 3.Asian Metal CopyrightD.P in US 6
3.3.6 Ferrosilicon 75%min in Europe in warehouse Rotterdam 6
3.3.7 Ferrosilicon 75%min in the US in warehouse Pittsburgh 6
3.3.8 Ferrosilicon 70%min in India EXW D/P 6
4 Company News 7
4.1 Wynca Group commissions 150ktpa silicon metal project 7
4.2 Xinjiang East Hoshine Silicon cuts silicon metal production 7
4.3 Shaanxi Sanjiang resumes ferrosilicon production 7
5.Producers Statistics 7
5.1 Chinese silicon metal producers' operating rate down by 2.27% MoM in Nov 7
5.2 Chinese silicon metal producers' output down by 3.31% MoM in Nov 7
5.3 Chinese silicon metal producers' inventory down by 8.91% MoM in Nov 7
5.4 Chinese ferrosilicon producers' operating rate up by 0.13% MoM in Nov 8
5.5 Chinese ferrosilicon producers' output down by 5.83% MoM in Nov 8
5.6 Chinese ferrosilicon producers' inventory down by 2.35% MoM in Nov 8
6. Customs Statistics 8
6.1 China silicon export volume down by 0.12% MoM in Oct 8
6.2 Chinese ferrosilicon export volume up by 6.49% MoM in Oct 9
6.3 Chinese ferrosilicon import volume up by 40.51% MoM in Oct 9


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