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This week, the industrial silicon market continued the pattern of “futures rushing higher and falling, and spot trading steadily”. On the futures side, the decline in coking coal prices led to a weakening of marginal cost support, compounding expectations of a reduction in polysilicon production, weakening the market; on the spot side, prices are already close to cash costs in major production areas, and the supply-side is more willing to raise prices, and prices are stable. The impact of the cost side on futures and spot is divided, which is an important characteristic of this week's market.
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This week, the industrial silicon market continued the pattern of “futures rushing higher and falling, and spot trading steadily”. On the futures side, the decline in coking coal prices led to a weakening of marginal cost support, compounding expectations of a reduction in polysilicon production, weakening the market; on the spot side, prices are already close to cash costs in major production areas, and the supply-side is more willing to raise prices, and prices are stable. The impact of the cost side on futures and spot is divided, which is an important characteristic of this week's market.
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