Silicon Industry Branch: Spot prices continue to fall, market sentiment remains pessimistic.

The silicon industry branch stated in a document that this week the industrial silicon market has seen stagnant transactions, with downstream demand showing no signs of improvement. The market sentiment remains pessimistic, and prices have fallen below 8000 yuan/ton, putting significant pressure on the spot market, causing prices to decline. On the supply side, the number of silicon smelters in the north and south has both increased and decreased, with little overall change in national production this month. On the demand side, there has been little change in the operation of monomer silicon factories, which has kept demand for industrial silicon stable. Polysilicon production has remained stable, maintaining demand for industrial silicon. Aluminum alloy manufacturers purchase industrial silicon on demand, and overall demand for industrial silicon from the three major downstream sectors has not increased, remaining stable. In terms of prices, monomer silicon factories have slightly raised prices due to improved downstream demand, mainly focusing on fulfilling previous orders, resulting in firm prices. Polysilicon prices remain stable.