Silicon Price Trend Analysis 2026: Latest News, Market Insights, Price Drivers, Historical Prices & Supply Demand Analysis

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Written ByPragati Agarwal

Procurement Resource Database

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  • Global silicon markets remained mixed during Q2’26, with modest firmness supported by trade protection and cost factors, while rising production and weak demand capped gains.
  • Feedstock pressure stayed uneven as rainy-season hydropower lowered Chinese production costs, while trade barriers and operating economics supported firmer replacement costs elsewhere during Q2.
  • Downstream demand remained cautious, although China’s silicon output remained high, as silicone and aluminium-alloy consumption failed to absorb rising supply.

Asia

In China, the prices of Silicon were ~USD 1,363.27/MT in April and ~USD 1,391.00/MT in June, showing a ~2.0% increase. Chinese conditions remained largely range-bound as a temporary May recovery was followed by renewed June pressure. Production reached about 331,300 MT in May, up 3.6% month on month and 7.6% year on year, while January-May output rose 6.0% to 1.632 million MT. Rainy-season hydropower encouraged furnace restarts in southwestern China, expanding availability and limiting stronger gains.  The metal silicon market therefore remained under pressure from increased availability and cautious downstream buying. In India, the prices of Silicon were ~USD 1,413.27/MT in April and ~USD 1,479.00/MT in June, showing a ~4.7% increase. Firmer regional replacement costs and tighter imported supply supported the stronger increase.

Europe

European silicon conditions remained soft as subdued customer purchasing and competitive imported material pressured domestic producers. Entering Q2, a major producer’s global silicon-metal selling level had declined 6.9% from the previous quarter, reflecting weakness in Europe and the United States. Persistent low-priced imports constrained producers’ ability to sustain stronger market increases, keeping the regional metal silicon market subdued.

North America

In the United States, the prices of Silicon were ~USD 1,450.27/MT in April and ~USD 1,546.00/MT in June, showing a ~6.6% increase. Similarly, in Canada, the prices of Silicon increased from ~USD 1,453.27/MT and ~USD 1,551.00/MT during Q2'26. Meanwhile, U.S. trade protection supported regional firmness. Angola faced a 68.45% antidumping duty, Laos 94.44%, while Australia and Norway received dumping margins of 6.16% and 2.47%, respectively. Countervailing rates reached 32.57% for Australia and 17.27% for Norway, restricting lower-cost imports and supporting North American silicon values. These trade measures provided additional support to metal silicon prices across the region.

Analyst Insight

According to Procurement Resource, in the near term, silicon conditions are expected to remain firm in North America, while abundant Chinese production and competitive imports may keep Asian and European gains comparatively limited.

About Silicon

Silicon is a chemical element having atomic number 14. This crystalline solid is hard and brittle in nature and has a blue-grey metallic lustre. It is found in group 14 of the periodic table and its oxides form a family of anions called as silicate. Silicon, also known as industrial silicon, contains 98.5% or more of silicon dioxide (SiO2) and is prepared by melting quartzite and other materials.

It is most commonly used as a basic industrial raw material to produce organic and polycrystalline silicon. Based on the contents of the three main impurities, viz. iron, aluminum and calcium in the Silicon, it can be categorised into different grades like 553, 441, etc.

Silicon Product Detail

Chemical Formula

Si

Industrial Uses

Organic silicon, Polycrystalline silicon, Aerospace and aviation industry, Electronics, Organic chemicals, Smelting, Thermal insulation refractories

Supplier Database

Zhejiang Kaihua Yuantong Silicon Industry Co., Ltd., Zhejiang Zhongcheng Silicon Co., Ltd., Ferroglobe PLC

Regional Coverage

Asia Pacific

China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe

Germany, France, United Kingdom, Italy,Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America

United States and Canada

Latin America

Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa

South Africa, Nigeria, Egypt, Algeria, Morocco

CurrencyUS$ (Data can also be provided in local currency)

Supplier Database AvailabilityYes

Customization ScopeThe report can be customized as per the requirements of the customer

Post-Sale Analyst Support360-degree analyst support after report delivery

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Silicon Production Processes

  • Production of Silicon from Quartzite

In order to produce Silicon, quartzite and other materials are melted and processed to obtain the desired result with 98.5% or more silicon dioxide (SiO2).

Our Price Analysis Methodology

About the Author

Pragati Agarwal profile photo

Pragati Agarwal

Senior Business Insights Analyst

Delivering price trend analysis and procurement market insights at Procurement Resource, with expertise in identifying commodity patterns, supporting purchasing strategies, and improving cost efficiency through actionable market intelligence.

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