Last week, the price of polycrystalline silicon market remained stable. Polycrystalline silicon enterprises are executing pre orders as usual, and post year orders are still under negotiation. This performance reflects the current supply-demand balance in the market and the expectations of enterprises for future market trends.

On the demand side, downstream silicon wafer companies have raised their production expectations, and the demand for polycrystalline silicon is steadily increasing. However, there is also a risk of the growth in silicon wafer production scheduling being converted into inventory. Therefore, it is difficult to maintain stable polysilicon prices in the short term. Downstream enterprises have a weak acceptance of the continuous rise in polysilicon prices, which will have an impact on the price trend of the polysilicon market.
After the holiday, the polycrystalline silicon sector will usher in a new round of signed orders. It is expected that prices will remain stable in the short term, waiting for further release of market demand. At present, the price of polycrystalline silicon is not economically feasible for some companies that have already stopped production to resume production. The vast majority of in production enterprises actively fulfill industry self-discipline agreements, which helps to gradually transition the supply-demand relationship of polycrystalline silicon towards balance.
The significant easing of inventory pressure is a positive signal for the polysilicon market. It is expected that the price of polycrystalline silicon will continue to have a long-term positive trend in the first half of the year. However, market participants still need to maintain a cautious attitude and closely monitor market dynamics and demand changes.