Polysilicon supply and demand game intensifies, prices accelerate downward, and the weak trend remains difficult to change

Ask AI · How do supply-demand games affect the industry landscape?

【Intensifying supply-demand tug-of-war in polysilicon; prices accelerate toward the downside and weakness is hard to change】China Finance News reported on March 30, that in recent days the polysilicon market has seen persistent dull trading. With limited efforts to reduce supply and a seriously lagging demand rebound, the supply-demand game has been fully intensified. Prices continue to accelerate downward and remain under pressure from ongoing volatility. As of March 27, N-type dense material was 39,000-45,000 yuan/ton and granular silicon was 41,000-44,000 yuan/ton. Prices have been falling week after week for multiple consecutive weeks, and some deals have even broken through the cash cost line of leading companies. Forecast: In the short term, downstream production schedules will recover only slowly and are unlikely to provide effective support for prices. Supply tightening is unlikely to change the high-inventory situation. Combined with multiple pressures on the demand side, it is expected that polysilicon will maintain a weak downward-trend and low-level volatility pattern in the near term. Stabilization will still require waiting for a real rebound in end-market demand and an effective reduction of inventories. (Zhuochuang Information)