On March 18, the latest silicon material price was released this week.
According to the Silicon Branch, the price of N-type re-feeding and dense materials fell sharply again this week. The average transaction price has slipped to 43 thousand and 200 yuan/ton and 39 thousand and 900 yuan/ton respectively, with a decline of 4.42% and 6.12% respectively. This week, the price of granular silicon continued to be strong at 44000 yuan/ton.
It is worth noting that the lowest price of silicon materials this week has not changed compared with last week, and the main change is that the highest price of re-feeding and dense materials continues to decline.

As for the reasons why the price of silicon materials continued to drop sharply this week, the Silicon Branch said that, first, the operating rate of downstream enterprises remained low , and the inventory of silicon materials remained high ; Second, downstream enterprises are pessimistic about future market expectations and have no intention of expanding procurement demand. In order to ease the financial pressure , some upstream enterprises are forced to accept lower quotations to facilitate transactions.
In addition, this week's silicon market activity has fallen from previous weeks, with only 2-3 companies reaching new orders. On the one hand
, most of the orders in March have been signed at the end of February and the beginning of March; on the other hand, the downstream enterprises are pessimistic in their expectations and tend to be cautious in purchasing. "In the short term, weak demand and high inventory pressure are still the core contradictions that dominate the market," the
Silicon Branch said.
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