Silicon Industry Association: This week, the linkage between industrial silicon futures and spot prices led to a slight increase in prices, but weak demand has not improved

This week, the industrial silicon market saw a slight increase in both futures and spot prices under the support of supply contraction and cost support, but the weak demand has not improved. The closing price of the main contract 2601 rose by 130 yuan/ton, and the comprehensive price increased by 33 yuan/ton. Production cuts in the southwest and rising costs in Xinjiang support prices, but the recovery of downstream demand is the key variable. The domestic spot market has low transaction activity, with firm quotations. The reduction in supply and rising costs are driving price increases