The continued low operating rate fails to rescue the market! The main industrial silicon contract drops by 1.43%, with the Polycrystalline Silicon production reduction dragging down the market.

On November 3, 2026, the average price of 441# silicon in Changjiang Spot was 9,800 yuan/ton; the average price of 553# silicon was 9,500 yuan/ton, down 100 yuan from the previous trading day. The futures market also weakened simultaneously. The main industrial silicon 2612 contract closed down 1.43%, and the market trend was obviously dragged down by the weak market of upstream Polycrystalline Silicon.