【Silicon Metal News】This week, the spot price of silicon metal continued to decline, with the main continuous contract in the futures market dropping to a low point below 8,500 yuan/mt, indicating that the downward trend of silicon metal prices has not yet halted. As of April 30, the price of oxygen-blown #553 silicon in east China, as reported by SMM, ranged from 9,300 to 9,500 yuan/mt, a decrease of 200 yuan/mt from last Friday. The price of #441 silicon ranged from 9,500 to 9,800 yuan/mt, also down 200 yuan/mt from last Friday. On a monthly basis, the price of oxygen-blown #553 silicon in east China in April fell by 800 yuan/mt, or 8%, from the end of March, with the decline widening by nearly 4 percentage points compared to March. In the futures market, the main continuous SI2506 contract closed at 8,540 yuan/mt at the end of the trading day, down 240 yuan/mt, or 2.7%, from last Friday, and down 1,245 yuan/mt, or 12.7%, from the end of March.