On February 9, the domestic Huangpu Port area saw a decline in the market for metallic silicon 441#, with prices in the Huangpu Port area for 441# referenced around 9,400–9,700 yuan per ton, marking a decrease of 50 yuan per ton. PriceSeek's analysis of metallic silicon indicates a bearish score of -1. In the spot market, the price of metallic silicon 441# in the Huangpu Port area dropped by 50 yuan per ton to 9,400–9,700 yuan per ton, reflecting ample market supply and weak demand, which is bearish for spot prices. In the futures market, based on data from the Guangzhou Futures Exchange, the main contract 2605 closed at 8,500 yuan per ton, down by 205 yuan, with a trading volume of 335,419 lots and open interest of 277,011 lots, indicating strong bearish sentiment in the market. It is expected that futures prices will face downward pressure. Scoring rationale: Although the price decline is relatively small, the trend is clear. Combined with futures data, this reinforces bearish expectations, categorizing it as a general bearish signal.