Poor transactions have led to a further increase in the production cut plan for industrial silicon

    At present, the operating rate of industrial silicon factories is relatively low, but compared with the downstream consumption, there is still a slight surplus. In the entire silicon industry chain, the markets for industrial silicon, polycrystalline silicon and organosilicon are simultaneously experiencing high inventories, a continuous decline in operating rates, but poor inventory reduction. At present, the industrial silicon market is not selling smoothly. After the futures market price drops below 9,000, it becomes even more difficult for factories to sell. Futures and spot traders quote based on the price fluctuations on the market, while users mainly cooperate with spot traders for procurement.

    At present, the factories in production are continuously and slowly accumulating inventory, and the pressure is increasing again. With inventories remaining at a persistently high level and being hard to digest, in-production factories are operating under pressure. Lacking confidence in the market's recovery in the future, plans for production cuts have increased. At present, some factories in the northwest plan to reduce production in May and maintain necessary operations to observe the market.