Sample silicon companies start and stop operations with increases and decreases; weekly industrial silicon supply volume shows a slight month-on-month increase

From April 17 to April 23, the weekly production of sample silicon companies in Xinjiang was 36,450 tons, with a weekly operating rate of 75%, showing an increase week-on-week.
During the week, the production of sample silicon companies in Xinjiang increased, mainly due to the small-scale restart of some silicon furnaces driving the weekly operating rate upward.
The operating rate is expected to remain stable next week.
Recently, the industrial silicon futures prices have fluctuated, with the Si2609 contract at the beginning of the week showing a bullish trend, reaching a high of 8,750 yuan/ton.
Some northern silicon companies increased their hedging and sales volume through futures and spot arbitrage.
In terms of spot market, downstream users are more inclined to hold a wait-and-see attitude or push for lower prices, resulting in small fluctuations in spot prices.
(Shanghai Nonferrous Metals Network)