2023-11-5: This week, the price of electricity rose at the end of the Chuan-Yunnan wet season, but the impact of the cost increase of more than 1,000 yuan on the market price of industrial silicon is still weak.
First, the production reduction of Chuanyan Silicon plant was not large at the end of October, and most factories planned to reduce production in mid-to-late November; Second, the terminal polysilicon market is affected by the decline of silicon wafers, component prices and production cuts, and the price is falling simultaneously, which is transmitted to the metal silicon powder/metal silicon showing a negative procurement and obvious price pressure.
It is expected that the industrial silicon market will maintain a weak and small downward trend next week.
