Silicon industry branch: Industrial silicon showed futures volatility and spot stability this week. Supply and demand have not seen substantial improvement yet.

According to the Securities Times APP, the Silicon Industry Branch issued a document stating that this week, the industrial silicon market shows "weak futures volatility, stable overall spot prices." The main futures contract is fluctuating at a low level in the range of 8330-8445 yuan/ton; after the overall decline last week in the spot market, prices of various specifications and regions stabilized this week, with downstream purchases mainly based on actual needs, and trading atmosphere showing no significant improvement. Currently, the industrial silicon market is still in a pattern of "increased supply, weak demand, and accumulated inventory", with insufficient overall support from downstream demand, and weak performance in all sectors.