China March polysilicon output and April forecast

Polysilicon production in March was 171,000 mt (+4.9% MoM) in China. With the end of CNY holidays in March, downstream silicon wafer production increased significantly. The demand for polysilicon was strong, and N-type materials were in short supply. As profits expanded on rising prices, polysilicon factories were still motivated and maintained full operation. In April, polysilicon supply was in a surplus. However, due to profits and new production lines, scheduled production may reach about 180,000 mt.