硅业分会：本周工业硅期现联动致价格小幅上涨 但需求疲软未改善

Core Insights - The industrial silicon market has seen a slight increase in prices due to supply constraints and cost support, but weak demand remains a concern for future price movements [1][2] Supply Dynamics - Supply from the southwestern region continues to decrease, tightening the market and supporting prices; Inner Mongolia's stable output is affected by raw material supply issues, leading to potential price increases; Gansu's slight production cut due to rising costs also supports prices; in Xinjiang, rising costs from electricity, silicon coal, and transportation due to weather are pushing prices up [2][3] Demand Analysis - Demand from three core consumption sectors shows divergence: - The organic silicon sector has seen prices rise from 11,000 CNY/ton to 11,200 CNY/ton, supported by firm pricing intentions and pre-sale orders, despite overall production cuts reducing actual procurement needs [2] - The polysilicon sector maintains a weak and stable price environment, with ongoing production cuts limiting demand for industrial silicon [2] - The aluminum alloy sector benefits from a positive trend in the automotive manufacturing market, with prices rising from 21,095 CNY/ton to 21,135 CNY/ton, indicating steady growth in demand for industrial silicon [2] Price Movements - From November 6 to November 12, the main contract price for industrial silicon increased from 9,065 CNY/ton to 9,195 CNY/ton, a rise of 130 CNY/ton; the national average price on November 12 was 9,207 CNY/ton, up 33 CNY/ton [1][3] - Specific grades of industrial silicon saw price increases: 553 rose by 49 CNY/ton to 8,757 CNY/ton, 441 increased by 37 CNY/ton to 9,092 CNY/ton, and 421 went up by 14 CNY/ton to 9,672 CNY/ton [1][3]