Silicon Price Trend and Forecast 2026-2027

The United States remained the priciest Silicon market tracked, though it eased just above 2.5% in Q2 2026, to near USD 2,860.00/MT from about USD 2,933.00/MT in Q1, as falling freight rates lowered landed costs. The global average moved from close to USD 2,111.25/MT to near USD 2,117.50/MT over the same quarter, essentially flat, as continued Chinese oversupply offset gains in Germany and Brazil alongside the United States pullback. Notably, United States antidumping actions and existing tariffs on several Asian origins have widened regional price spreads considerably, lifting North American premiums well above the Asia-Pacific benchmark even as China works through a persistent inventory overhang, and the global average is likely to run in the USD 2,050 to 2,350/MT range through the second half of the year.

Silicon, also known as industrial silicon or silicon metal, is a chemical element prepared by melting quartzite and other materials, used as a basic industrial raw material to produce aluminum alloys, silicone chemicals, and polycrystalline silicon for semiconductors and solar photovoltaic applications. China stands as the world's largest producer and exporter, though structural oversupply there has weighed on pricing even as Asia-Pacific accounts for the majority share of global consumption given integrated supply chains and lower power costs. United States trade policy, including antidumping actions and existing tariffs on several Asian origins, has widened regional price spreads considerably. Because this product depends on quartz feedstock, mining and smelting costs, energy prices, trade policy and tariff actions, and downstream demand from aluminum alloy, semiconductor, and solar applications are what really move the price from quarter to quarter.

Silicon Price Forecast for H2 2026

United States trade policy actions, including antidumping measures and existing tariffs on several Asian origins, should continue widening regional price spreads through H2 2026, keeping North American premiums elevated relative to Asia-Pacific pricing. China's persistent oversupply, tied to high operating rates outpacing demand growth, should keep that market the most affordable of the four tracked.

A further escalation of trade policy actions, or a sharp recovery in downstream aluminum alloy and semiconductor demand, could be what pushes prices above this forecast. Continued Chinese oversupply, or a resolution of trade tensions narrowing regional spreads, could be what pulls the market back toward the lower end instead.

For the Quarter Ending June 2026

Silicon Prices Q2 2026:

• United States: USD 2,860.00/MT
• Brazil: USD 2,720.00/MT
• Germany: USD 1,620.00/MT
• China: USD 1,270.00/MT

Silicon Prices in United States

The United States stayed the priciest market by a wide margin, though the price eased from about USD 2,933.00/MT to near USD 2,860.00/MT, a decline of just above 2.5%. It was falling freight rates lowering landed costs, together with steady import arrivals, that gave the market room to ease.

Why did the price of Silicon change in Q2 2026 in United States?

Freight rates fell this quarter, lowering landed costs and outweighing minor feedstock cost increases, and import arrivals remained uninterrupted, keeping port inventories comfortable while downstream demand stayed steady without strong restocking pressure, and it is this combination that has let United States pricing pull back modestly from its Q1 peak.

Silicon Prices in Brazil

The Brazilian price moved from about USD 2,650.00/MT to near USD 2,720.00/MT, a gain of just above 2.6%. It was a partial recovery in industrial demand, together with steady export interest, that carried the increase.

Why did the price of Silicon change in Q2 2026 in Brazil?

Demand from aluminum alloy and industrial applications has recovered modestly this quarter, and it is this recovery, combined with steady export interest from international buyers, that has helped Brazilian pricing rebound from the softer conditions recorded in Q1.

Silicon Prices in Germany

The German price moved from about USD 1,564.00/MT to near USD 1,620.00/MT, a gain of just above 3.6%. It was Norwegian exports meeting steady industrial demand, together with a partial stabilization following the sharp Q1 decline, that carried the increase.

Why did the price of Silicon change in Q2 2026 in Germany?

Norwegian exports have continued meeting steady industrial demand from silicone chemicals and aluminum alloy applications, and it is this reliable supply, combined with demand that has held up better than the sharp Q1 price movement suggested, that has let German pricing recover this quarter.

Silicon Prices in China

The Chinese price eased from about USD 1,298.00/MT to near USD 1,270.00/MT, a decline of just above 2.2%. It was continued persistent oversupply, together with subdued downstream buying after the Lunar New Year period, that gave the market room to ease further.

Why did the price of Silicon change in Q2 2026 in China?

Chinese silicon metal producers maintained relatively high operating rates through the prior year, supported by favorable margins and improved hydropower availability, and as domestic and export demand slowed, output levels outpaced consumption growth, and it is this inventory overhang, weighing on pricing, that has kept Chinese pricing the most affordable of the four markets tracked while it continues easing.

For the Quarter Ending March 2026

Silicon Prices Q1 2026:

• United States: USD 2,933.00/MT
• Brazil: USD 2,650.00/MT
• Germany: USD 1,564.00/MT
• China: USD 1,298.00/MT

Silicon Prices in United States

The price reached close to USD 2,933.00/MT in Q1 2026, a rise of just above 2.2% from Q4 2025. It was antidumping probes and potential tariffs spurring precautionary buying, together with elevated freight costs, that pushed the market higher.

Why did the price of Silicon change in Q1 2026 in United States?

Antidumping probes and potential tariffs spurred precautionary buying early in the quarter, and it was this defensive procurement, meeting United States trade policy actions that have widened regional price spreads and elevated North American premiums relative to Asian markets, that drove the United States increase.

Silicon Prices in Brazil

The price eased to close to USD 2,650.00/MT in Q1 2026, a decline of just above 3.5% from Q4 2025. It was a continued modest decline in industrial demand that pressured the market lower.

Why did the price of Silicon change in Q1 2026 in Brazil?

Industrial demand continued its modest decline entering the year, and it was this softness, meeting production that stayed steady, that drove the Brazilian decrease.

Silicon Prices in Germany

The price fell to close to USD 1,564.00/MT in Q1 2026, a decline of just above 11.5% from Q4 2025. It was tighter import availability, together with weaker downstream demand, that drove the sharp decrease.

Why did the price of Silicon change in Q1 2026 in Germany?

The Silicon Metal Price Index fell sharply this quarter, reflecting tighter import availability even as downstream demand stayed comparatively weak, and it was this combination of thin trading conditions and cautious buyers that drove the sharp German decline.

Silicon Prices in China

The price eased to close to USD 1,298.00/MT in Q1 2026, a decline of just above 0.4% from Q4 2025. It was persistent oversupply, together with subdued downstream buying after the Lunar New Year period, that pressured the market lower.

Why did the price of Silicon change in Q1 2026 in China?

Downstream buying remained subdued after the Lunar New Year period, limiting immediate offtake from polysilicon and aluminum sectors, and constrained low-sulfur petcoke availability raised cash costs even as comfortable export logistics and ample bonded inventories prevented sharp swings, and it was this combination, signaling persistent oversupply pressure, that drove the modest Chinese decline.

Quarterly Price Trends

This market climbed steadily through 2025 before diverging sharply by region in early 2026. Close to USD 2,087.50/MT in Q1 2025 rose to about USD 2,140.00/MT, near USD 2,170.00/MT, and close to USD 2,171.00/MT by Q4, before easing to about USD 2,111.25/MT in Q1 2026 and near USD 2,117.50/MT in Q2. That is a rise of roughly 1.4% across the full window, with the sharp German correction and continued Chinese softness offsetting United States and Brazilian gains.

Annual Price Review 2025

It was United States trade policy actions widening regional price spreads, meeting persistent Chinese oversupply pulling the broader average lower, that defined an uneven 2025 for this market overall. The global average opened near USD 2,087.50/MT in Q1 and climbed to close to USD 2,171.00/MT by Q4, a rise of just above 4.0% for the year, before the regional divergence sharpened further into 2026.

Silicon Prices in United States, 2025

The United States price climbed from about USD 2,750.00/MT in Q1 2025 to near USD 2,870.00/MT by Q4, a rise of just above 4.4% for the year, holding the highest absolute cost among the four markets tracked throughout given tariff-driven regional premiums. It was United States antidumping actions and existing tariffs on several Asian origins, meeting steady demand from aluminum alloy and semiconductor applications, that drove the sustained climb through 2025.

Silicon Prices in Brazil, 2025

The Brazilian price climbed from about USD 2,600.00/MT in Q1 2025 to near USD 2,745.00/MT by Q4, a rise of just above 5.6% for the year. It was steady demand from aluminum alloy and industrial applications that drove the gradual climb through 2025, before the modest softening that followed into early 2026.

Silicon Prices in Germany, 2025

The German price climbed from about USD 1,650.00/MT in Q1 2025 to near USD 1,766.00/MT by Q4, a rise of just above 7.0% for the year, before the sharp correction that followed in early 2026. It was steady demand from silicone chemicals and aluminum alloy manufacturing, meeting generally adequate Norwegian export supply, that drove the gradual climb through 2025.

Silicon Prices in China, 2025

The Chinese price eased from about USD 1,350.00/MT in Q1 2025 to near USD 1,303.00/MT by Q4, a decline of just above 3.5% for the year, the smallest absolute cost among the four markets tracked throughout. It was Chinese producers maintaining relatively high operating rates, supported by improved hydropower availability, meeting demand growth that did not keep pace, that created the inventory overhang defining the gradual softening through 2025.

How Expert Market Research Can Help

The Silicon market tracks quartz feedstock and energy costs closely alongside a genuinely divergent trade policy landscape, so Expert Market Research follows United States antidumping and tariff actions alongside Chinese production and inventory dynamics across the four markets covered here. This is combined with trade flow data to build the forecasts. Should the Silicon pricing data or procurement strategy support be needed, the team is ready to help.