Last week, the overall price of polycrystalline silicon market remained stable, and the call for enterprise price increases has weakened. Due to the expected loosening of downstream product prices, polysilicon companies are currently focusing on stabilizing prices. Most companies have basically signed all orders for this month, and currently focus on delivery. This week, the prices of newly signed orders remained unchanged, mainly due to downstream rigid demand for polysilicon procurement.

At present, most downstream enterprises still have some inventory that has not been fully digested, and their purchasing willingness is not high. However, due to industry self-discipline, the monthly production schedule for polycrystalline silicon is at a relatively low level. In addition, some low-priced orders in the early stage were delivered this month, which enabled the monthly supply and demand of polycrystalline silicon to reach a basic balance. Overall, the market is showing a slow destocking state, laying the foundation for the sustainable development of the industry.
Looking ahead, with a slight recovery in polysilicon supply in March, but less than the downstream load increase, the overall polysilicon market is still dominated by a slight destocking. Industry self-discipline has played an important role in maintaining market order and promoting supply-demand balance. At the same time, enterprises are also strengthening technological research and innovation to improve product quality and reduce production costs. These measures will help promote the sustainable development and industrial upgrading of the polysilicon industry.