This week (10.19-23), the domestic polysilicon price continued to slow down, domestic market and imported material prices showed varying degrees of decline, according to the business agency monitoring, polysilicon fell by 3.4% this week. The main reason is that with more and more enterprises returning to work, the supply side has changed from tight to abundant.

After the national day, the domestic polysilicon market began to decline, this week is to continue the previous trend. In terms of supply, at present, the operating rate of domestic polysilicon manufacturers has rebounded. Up to now, about 11 domestic polysilicon manufacturers have maintained about 3 maintenance or load reduction start-up. The production capacity in Xinjiang has been gradually restored, and the supply has slightly increased compared with the previous period. However, the inventory of most enterprises is on the high side at present, but the manufacturers are also speeding up the process of digestion recently, and the enterprises continue to sign orders. The orders are basically finished in October, and large factories begin to sign new orders in November. This mainly depends on the stability of the current demand. In September, the upstream and downstream enterprises of silicon materials have been in the process of price game, and the downstream purchase intention is reduced, but the silicon material inventory consumption is obvious. Therefore, the downstream gradually recovers the willingness to take goods to replenish the warehouse, and adds to the recent inventory backlog of silicon material manufacturers. Although the price is still relatively high, it still has the behavior of reducing the price to inventory Tourism procurement increased. According to the monitoring of the business agency, the domestic mainstream transaction price of polysilicon with the model of first-class solar material is 60000-65000 yuan / ton, and the price of polysilicon in non China area is 70000-73000 yuan / ton.

In the near future, polysilicon will maintain a basic balance between supply and demand, and the medium-term market may enter a pattern of loose supply. In particular, with the further tightening of the export of photovoltaic products, downstream demand may be relatively low. It is expected that the price of polysilicon will be affected by it, and it is not ruled out that it may continue to fall.

Note: the above price is tax inclusive