| On July 8, the Silicon Industry Branch released this week's polysilicon prices. Compared to previous periods, the rate of price decline has slowed. The transaction price range for n-type recharge material (rod silicon) was 31,000–34,000 RMB/ton, with an average transaction price of 32,700 RMB/ton, down 0.30% week-on-week. The transaction price range for n-type granular silicon was 32,000–32,000 RMB/ton, with an average transaction price of 32,000 RMB/ton, down 0.93% week-on-week. According to the Silicon Industry Branch, the polysilicon market remains sluggish due to several factors: first, industry inventories continue to accumulate at high levels, while downstream procurement is limited to essential needs with little willingness to actively restock, resulting in subdued trading activity; second, some enterprises have been forced to adjust their shipment strategies to alleviate inventory pressure, and market behavior involving price concessions to boost sales volume has exerted downward pressure on prices. Driven by the combined effect of these factors, polysilicon transaction prices continued to edge lower within a low-price range this week. However, the magnitude of the price decline showed signs of narrowing significantly; this is primarily because current prices have largely reached the cash cost range for active producers across the industry, placing significant operational pressure on companies and limiting the scope for further price reductions. |
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