Monthly Silicon Market Report May 2025

Content
1. Market Highlights 2
2. Market Movements 2
2.1 Chinese market 2
2.1.2 Silicon metal 7-8-3 delivered 2
2.1.3 Silicon metal 5-5-3 delivered 2
2.1.4 Silicon metal 4-4-1 delivered 2
2.1.5 Silicon metal 3-3-03 delivered 2
2.1.6 Silicon metal 2-2-02 delivered 2
2.1.7 Silicon metal 4-2-1 delivered 3
2.1.8 Polysilicon 9N delivered 3
2.1.9 Silicon Powder 99%min delivered 3
2.1.10 Chinese ferrosilicon 72%min EXW D/P 3
2.1.11 Chinese ferrosilicon 75%min EXW D/P 3
2.2 Export market 3
2.2.1 Silicon metal 5-5-3 FOB China 3
2.2.2 Silicon metal 4-4-1 FOB China 4
2.2.3 Silicon metal 3-3-03 FOB China 4
2.2.4 Silicon metal 2-2-02 FOB China 4
2.2.5 Chinese ferrosilicon 72%min FOB China 4
2.2.6 Chinese ferrosilicon 72%min Ex-VAT FOB China 4
2.2.7 Chinese ferrosilicon 75%min FOB China 4
2.2.8 Chinese ferrosilicon 75%min Ex-VAT FOB China 5
2.3 International market 5
2.3.1 Silicon metal 5-5-3 DDP in Europe 5
2.3.2 Silicon metal 4-4-1 DDP in Europe 5
2.3.3 Silicon metal 5-5-3 delivered in India 5
2.3.4 Silicon metal 4-4-1 delivered in India 5
2.3.Asian Metal Copyright3.Asian Metal Copyright5 Silicon metal 98.Asian Metal Copyright1.Asian Metal Copyright5%min D.Asian Metal Copyright1 Chinese market 2 2.Asian Metal CopyrightD.P in US 5
2.3.6 Ferrosilicon 75%min in Europe in warehouse Rotterdam 6
2.3.7 Ferrosilicon 75%min in the US in warehouse Pittsburgh 6
2.3.8 Ferrosilicon 70%min in India EXW D/P 6
3. Company News 6
3.1 Jingtai Shengyuan suspends silicon metal production 6
3.2 Huayang Optoelectronics suspends silicon metal production 6
3.3 Yanjin Silicon Industry to start silicon metal production 6
3.4 Xichuan Jiusheng suspended silicon metal production 7
3.5 Zhenkang Huihua suspends the production of silicon metal 7
3.6 Maguan Qining resumes silicon metal production 7
3.7 Ningxia Haisheng reduces production to upgrade 7
3.8 Sichuan Jinxin restarts silicon metal production 7
3.9 Xinjiang Yugui cuts production of silicon metal 7
3.10 Zhongwei Sanyuan halts ferrosilicon production 7
3.11 Inner Mongolia Zhengneng suspends ferrosilicon 72%min production 8
3.12 Qinghai Tianjian reduces ferrosilicon production 8
4. Producers Statistics 8
4.1 Chinese silicon metal producers' operating rate up by 17.68% MoM in May 8
4.2 Chinese silicon metal producers' output up by 16.79% MoM in May 8
4.3 Chinese silicon metal producers' inventory down by 2.08% MoM in May 8
4.4 Chinese ferrosilicon producers' operating rate down by 5.79% MoM in May 8
4.5 Chinese ferrosilicon producers' output down by 6.06% MoM in May 9
4.6 Chinese ferrosilicon producers' inventory down by 16.04% MoM in May 9
5. Customs Statistics 9
5.1 China's polysilicon import volume decrease 73.98% YoY in Apr 2025 9
5.2 China's silicon import volume dropped by 82.70% YoY in Apr 2025 10


.Asian Metal Copyright1 Chinese silicon metal producers' operating rate up by 17Asian Metal Copyright