The Zhitong Finance App learned that according to Antec, the industrial silicon market this week showed a pattern of “futures fluctuated at a high level and spot prices continued to rise”. Due to continued contraction in market supply, compounded by expectations that large enterprises in the Xinjiang region will cut production at the end of the month this week, the willingness of various companies to raise prices has generally increased, and spot prices have been rising for the second week in a row. The main futures contract completed the monthly exchange, and the 2611 contract fluctuated within the range of 8650-8880 yuan/ton. The market's focus was on whether downstream procurement intentions could continue to improve after production cuts and implementation in Xinjiang.

The Zhitong Finance App learned that according to Antec, the industrial silicon market this week showed a pattern of “futures fluctuated at a high level and spot prices continued to rise”. Due to continued contraction in market supply, compounded by expectations that large enterprises in the Xinjiang region will cut production at the end of the month this week, the willingness of various companies to raise prices has generally increased, and spot prices have been rising for the second week in a row. The main futures contract completed the monthly exchange, and the 2611 contract fluctuated within the range of 8650-8880 yuan/ton. The market's focus was on whether downstream procurement intentions could continue to improve after production cuts and implementation in Xinjiang.