硅业分会：市场情绪降温 工业硅现货价格下跌

Core Viewpoint - The industrial silicon spot prices have declined recently, with fluctuations in the market and limited improvement in the fundamentals despite a slight decrease in inventory [1][2]. Price Trends - The main contract price for industrial silicon fluctuated from 8750 CNY/ton to 8700 CNY/ton, a decrease of 0.57% [1]. - The national average price is 9196 CNY/ton, down by 182 CNY/ton [1]. - Specific grades show the following prices: 553 at 8764 CNY/ton (down 438 CNY/ton), 441 at 9174 CNY/ton (down 178 CNY/ton), and 421 at 9875 CNY/ton (down 97 CNY/ton) [1]. - FOB prices decreased by 30 USD/ton [1]. Supply and Demand Dynamics - Supply side: Northern production remains stable with a slight increase in large factory operations, while southern regions are experiencing increased output due to the rainy season and new capacity [1]. - Demand side: There is a slight increase in demand for industrial silicon from downstream sectors, including organic silicon monomer plants and polysilicon production lines [1]. - Overall, the three major downstream sectors show a slight increase in demand for industrial silicon [1]. Market Sentiment - Market sentiment has cooled, leading to price declines despite some inventory reduction [1]. - The overall industry supply-demand balance is stable, but there is pressure on inventory consumption, making price increases difficult [2].