Market update of silicon metal this week

    The recent decline in industrial silicon prices has led to production cuts in factories in some areas, the most obvious of which are Yunnan region and Xinjiang region, and Inner Mongolia region plans to reduce production around 10 days. 

    The low price of some industrial silicon brands has broken through last year's reserve price, coupled with the upside down cost of some silicon factories, middlemen have plans to stock up on the bottom recently, but its procurement is relatively rational, and the procurement price is serious. In the cost inversion, some factories are also unwilling to ship at low prices. In the three downstream industrial silicon, the consumption of industrial silicon in the aluminum city is relatively stable, the price of silicone has declined after rising, and the inventory pressure of polysilicon throughout the industrial chain has fallen significantly.