SMM reported on June 26: Affected by news of production cuts on the supply side, silicon metal market prices rebounded upwards today. In the futures market, the main SI2509 contract opened at 7,600 yuan/mt, with a low of 7,575 yuan/mt, a high of 7,830 yuan/mt, and closed at 7,720 yuan/mt, up 200 yuan/mt or 2.66% from the previous day. In the spot market, SMM east China oxygen-blown #553 silicon was priced at 8,100-8,300 yuan/mt, up 50 yuan/mt from the previous day. In terms of warrant data, today's GFEX warrant data stood at 53,234 lots, down 29 lots from the previous day.
