The market remained stable and deadlocked, with sluggish trading
The industrial silicon market operated relatively smoothly this week. At present, both the upward and downward driving forces in the industrial silicon market are insufficient. Spot transactions are sluggish, quotations are stable, and factory operations remain at a relatively low level. Short-term increases and decreases are basically balanced. The enthusiasm for purchasing at the downstream end is relatively low, and after the purchase of essential goods is completed, there is a strong wait-and-see attitude.
The market prices of raw materials remained stable and the supply of ores was basically stable. The export market price of industrial silicon has remained basically stable. This week, a few overseas orders were released. The market competition is fierce and the price is still unclear. There has been no significant increase in overseas demand, and export traders are under considerable pressure to take orders.
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