Silicon metal raw materials prices to remain strong in 2021, new silicon-based materials have huge development potential Mar 12,2021 13:12CST Source:SMM
At the 8th China Silicon metal Industry Chain Summit 2021. Alicia Yang, senior analyst at SMM, gave a deep-dive on the industrial silicon demand and supply in domestic markets.
CHANGZHOU, Mar 12 (SMM)—Rising power costs and higher raw materials prices are expected to boost silicon metal prices in 2021, according to SMM's senior analyst Alicia Yang yesterday at the 8th China Silicon Industry Chain Summit 2021 in Changzhou, Jiangsu.
"Silicon metal is not what it used to be, and new silicon-based materials boast huge development potential", Yang said. She was sharing her insights on the demand and supply movements of the China domestic industrial silicon markets in 2020, as well as her market outlook for 2021.
"DMC prices soared to above 30,000 yuan/mt before dropping rapidly in 2020, and are likely to continue to fluctuate at high levels in 2021. Polysilicon prices are expected to remain strong in 2021 amid shortages of raw materials and improving downstream demand.
"Consumption of organic silicon monomer, polysilicon and aluminium alloy has increased, but no new capacities will be brought online. Rising power costs and higher raw materials prices are expected to boost silicon metal prices in 2021," Yang analysed.
No point invest in GENETEC, time already OVER....better buy TOPGLOVE , Soon this counter price will back to Glory age trust us...TOPGLOVE this month will rose to price RM4.50....Come IB together we Puch uop the price to more higher than RM5.00.
This week should test 50 especially after TESLA earnings announcement. It’s given TESLA will best estimates, everyone is waiting how much TESLA will best it’s earnings
I think it will touch 46++ first then back to correction for few days....tat time maybe can touch 42 or 43+++......b4 shoot to 50.....like last time,once touch 36 it back to 32++ bt closed at 33.98......tat is buy back time......its actually healthy correction......
Ah pek would personally hold this counter for some years as genetec will expand their business to other EV Car makers as well reducing their reliance in just tesla
investing in genetec is like investing in us nasdaq stock, more up than down, very exciting, everyday counting how much you gain. strong holding power,very good.
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Vaccineyes
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Posted by Vaccineyes > 2021-10-16 17:54 | Report Abuse
Imagine the price when the QR or further orders come