FAP, May 30 (FAP)-recently, spot prices of industrial silicon in Sichuan, Yunnan, Jiangsu, Guangdong and other places have continued to decline. Take Sichuan 44fu industrial silicon as an example. According to Mysteel data, the reference price of this model of industrial silicon was 13900 yuan / ton on May 29, down 50 yuan / ton from the previous trading day, a new low for the year, and has dropped 12.3% since May. Liu Feiyong, deputy dean of the East High-tech Investment and Research Institute, told reporters that recently there has been an oversupply of industrial silicon in the upper reaches of the market. Although production has been reduced in the southwest region during the low water period, the cost advantage of coal and electricity in Xinjiang has released a lot of new production capacity. With the recent flood season in Sichuan and other places and the full release of production capacity, it is expected that the phenomenon of oversupply in the industrial silicon market will further intensify in the future. (Securities Daily)