The trading volume has declined and the price of industrial silicon has been fluctuating up and down

    This month, the price of low-grade industrial silicon in the metallurgical grade market dropped by 50 to 100 yuan per ton, while the price of medium and high-grade industrial silicon rose by 200 to 300 yuan per ton. The price of chemical grade remained stable. The spot market trading was extremely poor. Although the prices of some grades remained stable, the downstream did not accept or buy them. During the period when the futures market was falling, the buyers mainly traded by point pricing. The spot price is obviously not advantageous. Industrial silicon spot is under dual pressure from end customers' price suppression and the slow release of orders by essential demand. If Xinjiang industrial silicon manufacturers suspend or reduce production due to weather pollution in the future, driven by market sentiment, the price of industrial silicon is expected to be slightly boosted. If there is no impact, it is expected that the price of industrial silicon will remain at a low level and consolidate next month.