Strong expectations for the domestic industrial silicon marke

Today, the spot prices of domestic industrial silicon market remained largely stable, while the futures market saw an initial rise followed by fluctuations. The supply side is witnessing a game between the expected increase in production in Xinjiang and the expected reduction in Southwest. It is anticipated that the reduction in Southwest after October may lead to inventory depletion. On the demand side, the high profits of polysilicon have stimulated production, but the improvement in demand for silicone and aluminum alloys is limited. The operating rate of industrial silicon in Yunnan remains relatively stable. With the approach of the flat water period in October, there is a strong expectation of rising electricity prices, and silicon factories have a clear intention to hold prices, with the quotations of low-grade silicon increasing significantly. The market is paying attention to the changes in the operating rate in the region after the National Day, with a strong expectation of production cuts. In Jiangsu, downstream silicone and aluminum alloy enterprises are purchasing according to their needs, and the willingness to stock up before the holiday is generally low. The market transactions are stable. Supported by costs, traders' quotations are firm, but high-price transactions are limited. In Qinghai, the operating rate remained stable this week. Due to the impact of increased production in Xinjiang, the pressure to sell is relatively high. The expected reduction in polysilicon production has suppressed demand, but the increase in the cost of silicon coal provides support.

 

Today, the quotations of DMC in the organic silicon market remain stable, and there is no significant fluctuation in the mainstream transaction prices. On the demand side, purchasers still tend to negotiate for more favorable price conditions. However, some producers insist on higher quotations, leading to differences in transaction prices between buyers and sellers and making it difficult to reach a consensus. Downstream customers are adopting a wait-and-see attitude and temporarily postponing their purchasing decisions.

 

Today, the quotations of the polysilicon market remain stable. It is in the inventory reduction stage, but the reduction speed is relatively slow, and the inventory pressure still exists significantly. Due to the lack of clear information on the storage policy, market confidence has weakened significantly, and the mood is cautious. The overall trend of the futures market is weak, lacking strong support, and market participants generally adopt a wait-and-see attitude, waiting for more clear policy signals or market guidance.

 

In the short term, the industrial silicon market will continue to show a pattern of "strong expectations, weak reality". The progress of production cuts in Southwest and the implementation of polysilicon policies should be closely watched in the future.