Silicon Industry Branch: The industrial silicon market continues to be in a state of oversupply. Prices are expected to be weak and volatile in the short term.

Wisdom Securities APP learned that the Silicon Industry Sub-Association issued a statement saying that this week the industrial silicon market has shown a pattern of "futures breaking down, spot falling across the board." The stabilization expectation accumulated in the sideways consolidation last week was broken this week, and market sentiment weakened again. Overall, the current industrial silicon market is still in a state of oversupply, with high production during the high water period, while the price of polycrystalline silicon continues to decline, silicon production continues to decrease, and the supply-demand contradiction has not shown substantial improvement. This week, spot prices accelerated their decline, reflecting the market's lack of confidence in the future. Short-term forecasts suggest a continuing weak and oscillating trend, with the lower end supported by the effective cash flow cost range and the upper end constrained by supply increases and inventory pressures.