Silicon Industry Branch: Industrial silicon supply and demand are both weak, inventory accumulates, market volatility continues.
According to the Wise Finance APP, on December 26th, the Silicon Industry Branch issued a document stating that the supply and demand of the industrial silicon market this week are weak, and prices continue to fluctuate under the dual constraints of cost support and weak demand. As for the futures market, from December 18th to 24th, the closing price of the main contract 2605 rose from 8645 yuan/ton to 8860 yuan/ton, with a cumulative increase of 215 yuan/ton. The spot market showed differentiation: according to Antaike statistics, on December 24th, the national comprehensive price of industrial silicon was 9245 yuan/ton, a decrease of 5 yuan/ton from the previous week. Specifically, the price of 553# was 8713 yuan/ton, a decrease of 94 yuan/ton from the previous week; the price of 441# was 9169 yuan/ton, an increase of 51 yuan/ton from the previous week. Regionally, the comprehensive prices in Xinjiang, Yunnan, and Sichuan were 8810 yuan/ton, 10005 yuan/ton, and 10050 yuan/ton respectively; the FOB prices for exports remained unchanged from the previous week.
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