Multiple negative factors are weighing on the market! Industrial silicon futures are weakening. Can the production reduction expectations in Sichuan and Yunnan provide support?

On November 4, 2026, the average price of Changjiang Spot 441# silicon was 9,800 yuan/ton, which was flat compared with the previous trading day; the average price of 553# silicon was 9,500 yuan/ton, which was flat compared with the previous trading day. The futures market showed a weak performance, with industrial silicon futures fluctuating downward, and the main 2612 contract fell by 0.53%.