According to statistics, the weekly (January 9–January 15) operational data for industrial silicon in Sichuan shows a total of 120 furnaces in the region, with 0 furnaces in operation, resulting in an operating rate of 0%, representing a decrease of 3.33% in operation. PriceSeek's analysis of metallic silicon indicates a bullish-bearish score of 2. The operating rate for industrial silicon in Sichuan has plummeted from 3.33% to 0%, with all 120 furnaces shut down, indicating a sharp contraction in supply. This could lead to a significant increase in spot prices, as Sichuan is a major production region for industrial silicon in China. The supply disruption is expected to exacerbate market shortages and drive up spot prices. Combined with futures data, the recent price fluctuations of the main industrial silicon futures contract (such as the 2605 contract, with a closing price of 8,755 yuan/ton and a settlement price of 8,690 yuan/ton as of January 14, 2026) suggest that this news may bolster market expectations of supply tightness, benefiting the upward movement of futures prices, particularly providing support for longer-term contracts.