Silicon Industry Association: This week's polysilicon trading atmosphere was lackluster, with prices under pressure and declining.

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Everyday Economic News AI Flash, March 18: The Silicon Industry Branch announced that, according to Antaike statistics, the transaction price range for polysilicon N-type re-investment materials this week is 42,000-45,000 RMB/ton, with an average transaction price of 43,200 RMB/ton, down 4.42% week-on-week; the transaction price range for N-type granular silicon is 43,000-45,000 RMB/ton, with an average price of 44,000 RMB/ton. This week, market trading sentiment has weakened compared to previous weeks, with only 2-3 companies securing new orders, and both transaction volume and activity have declined. The sluggish market is partly due to some large orders in March being signed at the end of February and early March, reducing new deals this week; additionally, downstream companies are pessimistic about the market outlook and are cautious in procurement. The continued price decline is mainly due to two reasons: first, downstream companies maintain low operating rates and hold high inventories of raw silicon materials, resulting in no additional demand support for silicon feedstock; second, downstream companies are pessimistic about the future market and are not willing to expand procurement, while some upstream companies, to ease financial pressure, are forced to accept lower quotes to close deals, thereby lowering the spot transaction price center.

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