ChemPriceHub Alert: Metal Silicon Price at Huangpu Port Increases by 50 Yuan per Ton

On February 4, the domestic Huangpu Port area saw an upward adjustment in the market for metal silicon 441#, with reference prices ranging from 9,500 to 9,700 yuan per ton, marking an increase of 50 yuan per ton. PriceSeek's analysis of metal silicon assigns a long-short score of +1. The article reports that on February 4, the spot price of metal silicon 441# in the Huangpu Port area rose by 50 yuan per ton, with a reference price of 9,500–9,700 yuan per ton, indicating tightening spot market supply or recovering downstream demand, which is favorable for spot prices. In the futures market, the main contract for industrial silicon (metal silicon), such as the 2610 contract, closed at 8,895 yuan per ton, up 30 yuan, with a slight increase in open interest, reflecting a bullish market sentiment. However, other contracts, such as the 2611 contract, fell by 5 yuan. Overall, futures prices are supported by the rise in spot prices, and a moderate upward trend is expected in the short term. Therefore, a score of +1 (generally favorable) is assigned.