Signing this month is drawing to a close, and transaction prices continue to fall.

this week. Although the downstream silicon wafer enterprises have recovered their demand for silicon materials, they are still unable to digest the total output of silicon materials. On the other hand, the new production capacity of polysilicon has been climbing, and the situation of oversupply of silicon materials has not been alleviated. The transaction price of polysilicon still has some room to fall, and the future price is more likely to show a sustained slight decline.

This week, the trading range of N-type silicon materials was 68-75000 yuan/ton, and the average trading price was 71100 yuan/ton, down 3.79% from the previous month. The transaction range of monocrystalline dense materials was 61-66000 yuan/ton, and the average transaction price was 64000 yuan/ton, down 3.61% from the previous month. Prices continued to fall slightly this week, with a decline of 3% -4%. This week, the N-P price difference was 5 thousand yuan/ton, slightly narrower than last week.

This week has passed the centralized signing period, with less trading volume. N-type silicon material has 5 enterprises trading, P-type silicon material has 7 enterprises trading, the vast majority of enterprises have completed the November signing. This week, some of the first-line large factories with newly signed orders began to lower their prices. For the first time, more orders below 70,000 yuan/ton were collected, and the high-priced orders have basically disappeared. The reasons

for the price changes are as follows: on the one hand, the downstream silicon wafer inventory has gradually recovered to a reasonable level, and the increase in the operating rate of silicon wafers has restored part of the demand for silicon materials, but it is still insufficient to digest the total output of silicon materials, and the silicon material inventory will continue to accumulate. On the other hand, the new production capacity of polysilicon has been climbing, coupled with the production of Hesheng polysilicon this month, the supply of polysilicon has continued to increase, and the current situation of oversupply of silicon materials has not been alleviated. At the same time, the price of industrial silicon has gradually stabilized, which will produce cost support for the market price of polysilicon.

As of this week, there are 17 domestic polysilicon production enterprises, of which 2 are under normal maintenance, which has a certain impact on production. At present, the polysilicon market situation is not optimistic, but there is no tendency to reduce production and stop production in the production enterprises, basically maintaining normal production. To sum up, the transaction price of polysilicon still has some room to fall, and the future price is more likely to show a sustained slight decline.