The soaring market for silicon metal lasted from the beginning of August to September 18, and it took a week to break from 30,000 RMB/ton to 40,000 RMB/ton, with a weekly increase of 50% and a monthly increase of 130%. What is the reason for the skyrocketing?

SMM believes that in 2021, the export market for silicon metal and the domestic downstream organic silicon and polysilicon demand have a significant year-on-year growth, while the production capacity of silicon metal has not changed much. It can only rely on the existing capacity to increase the operating ratio to meet the demand. After the news of a 90% reduction in production in Yunnan, the second largest silicon metal production area, on September 13th, the market's concerns about the shortage of silicon metal supply increased again.

In just one week, the price of silicon metal rose by nearly 15,000 RMB/ton. Step into the 40,000 RMB/ton era. Under the background of dual control, many silicon metal production areas are facing pressure to reduce emissions. What would be the price tendency of silicon metal in the future?