工业硅：关注情绪面提振盘面，多晶硅，区间震荡，波动较大

Report Summary 1. Industry Investment Rating - No investment rating information provided. 2. Core Viewpoints - Industrial silicon: Pay attention to the boost of sentiment to the market [1] - Polysilicon: Range-bound with large fluctuations [1] 3. Summary of Relevant Catalogs Fundamental Tracking - Futures Market: Si2605 closing price is 8,880 yuan/ton, with a change of 45 yuan compared to T-1; PS2605 closing price is 58,955 yuan/ton, down 1,805 yuan from T-1 [1]. - Basis: Industrial silicon spot premium (against East China Si5530) is +370 yuan/ton, with a change of -45 yuan compared to T-1 [1]. - Price: The price of Xinjiang 99 silicon is 8700 yuan/ton, with no change compared to T-1; the price of polysilicon - N-type re - feedstock is 52400 yuan/ton, up 50 yuan from T-1 [1]. - Profit: Silicon factory profit (Xinjiang new standard 553) is - 2446.5 yuan/ton, up 45 yuan compared to T-1; polysilicon enterprise profit is 8.1 yuan/kg, up 0.4 yuan from T-1 [1]. - Inventory: Industrial silicon - social inventory (including warehouse receipt inventory) is 55.5 million tons, with an increase of 0.2 million tons compared to T-5 [1]. - Raw Material Cost: The price of Xinjiang silicon ore is 320 yuan/ton, with no change compared to T-1 [1]. Macro and Industry News - On December 26, the State Administration for Market Regulation conducted compliance guidance on price competition in the photovoltaic industry in Hefei, Anhui. It pointed out the price violations and risks in the photovoltaic industry and emphasized the importance of rectifying "involution - style" competition [1][3]. Trend Strength - Industrial silicon trend strength: 1; Polysilicon trend strength: 0. The range of trend strength is an integer in the [-2, 2] interval, where -2 means most bearish and 2 means most bullish [3].