This week (9.21-27), the domestic polysilicon price market fell back to a high level, and the price showed a small downward trend. The main reason is that the supply pressure has been significantly eased as more and more enterprises resume work.

This week, the price of some new orders in the market was slightly loose, which prompted the price correction of polycrystalline silicon, and the pattern of short supply in the market has been reversed. Especially, the “11th” and “Mid Autumn Festival” are approaching. Downstream enterprises control the procurement progress, and most of them purchase on demand. Therefore, silicon material manufacturers have a bargaining space, especially for small-scale enterprises In terms of price, this week’s price also fell. This week, the price dropped by more than 4%, about 3000 yuan / ton. As of the end of the week, the non China polysilicon quotation was around 67000-71000 yuan / ton.

As far as the supply side is concerned, there are about 11 silicon materials put into operation in China. The overall impact of equipment maintenance or load reduction production in some enterprises is getting smaller and smaller. At present, the units that have not been restored are mainly concentrated in three manufacturers, two of which are under production in Xinjiang and one in Sichuan, and the rest are operating at full load. The market supply increased significantly in September compared with August. As a result, it forced downstream manufacturers to lower prices, driving down the price of polysilicon. On the contrary, the demand side, the market demand has not been significantly improved, so there is no market for high price goods. According to the monitoring of the business agency, the domestic mainstream transaction price of polysilicon, which is the first-class solar material, is 67000-70000 yuan / ton.

In the near future, polysilicon supply will continue to be loose, downstream demand will be stable, and some enterprises will also have pre holiday stock demand, and the overall supply and demand may be balanced. Therefore, the price of polysilicon may not change much before the festival. However, with the recovery of full production of enterprises’ devices in the later stage, it is possible that polysilicon prices will continue to fall due to supply pressure.

Note: the above price is tax inclusive