On February 4, the domestic market for oxygen-permeable 553# metallic silicon in the Huangpu Port area showed an upward trend, with prices ranging around 9,400 to 9,500 yuan per ton, marking an increase of 50 yuan per ton. PriceSeek's analysis of metallic silicon indicates a bullish-bearish score of +1. The report highlights that the spot price of oxygen-permeable 553# metallic silicon in the Huangpu Port area rose by 50 yuan per ton to 9,400–9,500 yuan per ton on February 4, suggesting improved market demand or tightening supply, which is favorable for spot prices. Considering data from the industrial silicon futures market, such as the settlement price of the 2605 contract at 8,865 yuan per ton (as of February 3, 2026), the rise in spot prices may drive an upward movement in futures contract prices, benefiting futures prices. Therefore, the score is +1 (moderately bullish), reflecting positive market sentiment, though the increase is not yet significant enough to serve as a major driver.