Price-Watch™ provides price assessments for Silicon metal across top trading regions:
Asia-Pacific
- Silicon Metal Grade 441 FOB Shanghai, China
- Silicon Metal Grade 553 FOB Shanghai, China
- Silicon Metal Grade 553 CIF Nhava Sheva (China), India
- Silicon Metal Grade 441 CIF Nhava Sheva (China), India
North America
- Silicon Metal Grade 441 CIF Houston (Brazil), USA
- Silicon Metal Grade 553 CIF Houston (Brazil)USA
Europe
- Silicon Metal Grade 441 CIF Southampton (China), United Kingdom
- Silicon Metal Grade 553 CIF Southampton (China), United Kingdom
Note: In assessments structured as CIF [Importing Port] (Exporting Country), the country mentioned in brackets indicates the primary origin of supply (exporting country), while the named port refers to the destination port in the importing country. Other Incoterms (FOB, FD, EXW, etc.) should be interpreted in accordance with standard international trade definitions.
Silicon Price Trend Q1 2026
In Q1 2026, the global silicon metal market has been mostly stable, though supply and demand have been not balanced. In China, silicon price trend went up a little but dropped slightly in March because of high stock levels and careful buying. In India, prices fell slightly but went up a bit later in the quarter due to stronger aluminum prices.
In the U.S., Silicon prices dropped as high inventories and low demand limited increases, with a small rise in March from seasonal restocking. In the UK, prices went up, supported by better demand in aluminum, chemicals, and solar sectors. Overall, prices stayed mostly steady as buyers focused on managing stock and using what they already had.
China: Silicon Metal Export prices FOB Shanghai, China; Grade- 441,553
According to Price-Watch™, in Q1 2026, China’s silicon metal price trend rose 0.71% compared to Q4 2025, supported by modest increases in upstream costs such as silicon coal and some early year stabilizing market sentiment.
However, in March 2026, silicon price trend in China saw a slight 0.18% decline as high inventories and cautious downstream procurement limited further gains. Demand from key sectors, particularly polysilicon and aluminum alloy, remained subdued, while the solar value chain operated at restrained rates, keeping consumption moderate.
Overall, the market reflected a gradual stabilization amid persistent supply demand imbalance, with prices moving within a narrow range as downstream buyers prioritized inventory management over aggressive restocking.
India: Silicon Metal Import prices CIF Nhava Sheva, India; Grade- 441,553
In Q1 2026, Indian silicon price trend 0.09% quarterly decline compared to Q4 2025 as weak downstream demand and high inventory levels continued to temper buying interest, mirroring subdued procurement by aluminum alloy, chemicals and solar PV sectors amid still‑elevated stocks and cautious restocking.
However, a 0.40% price uptick has been observed in Silicon prices in India in March 2026 reflected renewed transactional activity and underlying support from stronger base‑metal trends notably aluminum’s price resilience driven by global supply concerns and recovering metal markets which encouraged selective buying late in the quarter and helped offset broader softness.
USA: Silicon Metal Import prices CIF Houston, USA; Grade- 441,553
In Q1 2026, U.S. silicon price trend fell 0.47% quarter on quarter due to elevated inventories and cautious procurement by downstream buyers, which tempered immediate demand from aluminum alloy, silicone chemical, and solar PV sectors. Stable domestic production prevented sharp price swings, while moderating near term consumption limited upward pressure.
A slight rebound of 0.37% has been observed in Silicon metal prices in the US in March 2026 reflected seasonal restocking and short-term demand pickup ahead of Q2 production, though overall market sentiment remained cautiously stable, supported by steady downstream activity and long-term demand expectations.
UK: Silicon Metal Import prices CIF Southampton, UK; Grade- 441,553
In Q1 2026, UK silicon price trend rose, increasing by 1.03% quarter on quarter as the market showed signs of stabilization following the bearish trend of Q4 2025.
In March, Silicon metal prices in the UK edged up 0.10%, supported by improving downstream demand from aluminium alloy, chemical, and solar photovoltaic sectors, as producers began cautious restocking after seasonal slowdowns.
Competitive imports remained a factor, but a slight recovery in procurement activity, combined with positive long-term demand expectations driven by renewable energy projects and industrial applications, helped ease downward pressure on prices and contributed to the modest quarterly and monthly gains.

