Polysilicon Prices Continue to Fall, Industrial Silicon Deman
Polysilicon Prices Continue to Fall, Industrial Silicon Demand Remains Weak
Core Keywords: polysilicon, 39,000 RMB/ton, 8% weekly decrease, industrial silicon, weak demand, photovoltaic off-season
Core Sentence: On March 26, polysilicon prices continued to fall to 39,000 RMB/ton with a weekly decrease of nearly 8%, and weak demand from the photovoltaic sector led to sluggish industrial silicon procurement.
Data released by the China Silicon Industry Association on March 26 showed that the average transaction price of N-type polysilicon feedstock fell to 39,000 RMB/ton on the day, a decrease of about 3.7% from the previous day and a weekly decrease of nearly 8%. Currently, polysilicon enterprises are facing high inventory pressure, with the inventory level remaining at a high level of more than 200,000 tons, and the contradiction between supply and demand is prominent. Affected by the seasonal off-season of the photovoltaic industry, downstream module enterprises have low procurement willingness, forming a negative cycle of "the more prices fall, the less they buy", which further suppresses polysilicon prices.
The weak demand for polysilicon has directly transmitted to the industrial silicon sector. As the core raw material for polysilicon production, industrial silicon has seen a significant reduction in procurement volume due to the production cut and production reduction of polysilicon enterprises. Market feedback shows that the operating rate of industrial silicon enterprises has slightly decreased recently, and some small and medium-sized enterprises have even suspended production temporarily due to insufficient orders. Industry insiders predict that polysilicon prices may continue to bottom out in the short term, and the demand for industrial silicon will remain weak until the photovoltaic industry enters the peak installation season and the procurement demand of downstream enterprises recovers.
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