Antaike: Industrial silicon cost support weakens this week; supply-demand contraction awaits verification.

According to Antaike, the industrial silicon market this week continued its pattern of "futures surging then pulling back, while spot prices held steady." On the futures side, a decline in coking coal prices weakened cost support at the margin, and combined with expectations of polysilicon production cuts, the board weakened; on the spot side, prices have approached the cash cost of major producing regions, strengthening the supply side's willingness to hold prices firm, keeping prices stable. The divergence in the cost side's impact on futures and spot prices is an important feature of this week's market.