On January 30, the market price of 553# metallic silicon in the Kunming region increased, with the reference price ranging from approximately 9,800 to 10,000 yuan per ton, representing an increase of 50 yuan per ton. PriceSeek's analysis of metallic silicon assigns a bullish-bearish score of 1.5. The article reports that on January 30, the spot price of 553# metallic silicon in the Kunming region rose by 50 yuan per ton, with a reference price of 9,800–10,000 yuan per ton, indicating tight supply and demand in the spot market, which is favorable for prices and reflects improved demand or reduced supply. Combined with industrial silicon futures data, such as the SI2610 contract (Guangzhou Futures Exchange) closing at 8,945 yuan per ton, up 100 points, and the SI2611 contract closing at 8,970 yuan per ton, up 100 points, the futures market has already shown an upward trend. The spot price increase may further support the upward movement of futures prices. Considering the positive signals from both the spot market and futures data, a score of 1.5 indicates a significant bullish outlook.
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