On March 18, the latest silicon material price was released this week. This week, the price of N-type re-feeding and dense materials fell sharply, with the average transaction price falling to 43,200 yuan/ton and 39,900 yuan/ton respectively, with a ring-to-ring decline of 4.42% and 6.12% respectively. The price of granular silicon is 44000 yuan/ton, which continues to be strong. The price
drop is due to the low downstream operating rate, high inventory, and less pessimistic purchasing expectations, and some upstream price cuts to ease the financial pressure to promote transactions. This week, the trading activity of silicon materials market dropped, only 2-3 enterprises signed new orders, because most of the orders in March were signed at the end of February and the beginning of March, and the downstream purchasing was cautious. Silicon Branch said that in the short term, weak demand and high inventory pressure are the core contradictions in the market.
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