Silicon Industry Branch: The basic supply and demand fundamentals of industrial silicon have not shown significant improvement, and prices continue to fall.

According to Zhitong Finance and Economics APP, on May 9th, the Silicon Industry Sub-Association stated that as the second quarter begins, the supply and demand fundamentals of industrial silicon have not shown signs of improvement, the market trading atmosphere is lackluster, downstream demand has not shown significant growth, and most purchases are based on rigid demand. The main contract closing price of industrial silicon reached a record low of 8205 yuan/ton on May 9th since the listing of industrial silicon futures, and with weak demand coupled with low prices, the spot prices of industrial silicon fell accordingly.