Core Viewpoint - The industrial silicon spot price has shown an upward trend due to rising polysilicon prices, continued production cuts by major manufacturers, and increased downstream demand [1][2]. Price Movement - The main contract closing price fluctuated from 8470 CNY/ton to 8685 CNY/ton, with an increase of 2.54% during the week of July 10-16, 2025 [1]. - The national average price rose by 108 CNY/ton to 8851 CNY/ton, with specific grades priced as follows: 553 at 8602 CNY/ton, 441 at 8852 CNY/ton, and 421 at 9425 CNY/ton, each increasing by 100 CNY/ton, 100 CNY/ton, and 128 CNY/ton respectively [1]. Supply and Demand Dynamics - Supply side: Southern regions are increasing production as the wet season approaches, while major manufacturers in the northern regions have no plans for resumption, leading to stable overall production [1]. - Demand side: The restart of organic silicon monomer plants has increased demand for industrial silicon, while polysilicon production remains stable, and the aluminum alloy industry is in a low season with stable procurement based on demand [1]. Market Sentiment - The market sentiment has improved due to the increase in downstream demand and the rise in polysilicon prices, which are expected to support further price increases for industrial silicon [2].