The downstream inventory is small and the trading in the silicon market is sluggish

    This month, the industrial silicon market transactions remained relatively sluggish, with the monthly mainstream transaction prices dropping by 400 to 700 yuan. With a low downstream operating rate, the year-end inventory preparation is not very active. Most enterprises purchase based on their essential needs and frequently lower prices. When the futures price dropped to around 10,400-10,600, the spot trading in the market was mainly aimed at spot traders selling off their goods. The production enthusiasm of industrial silicon factories continues to be dampened, and small factories in some areas have successively reduced production.