Polysilicon prices held largely stable with minor fluctuations

Last week, the mainstream transaction prices of P-type dense polysilicon were 34-37 yuan/kg, and the transaction prices of N-type polysilicon were 37-41 yuan/kg. Last week, polysilicon prices held largely stable with minor fluctuations. As the previous round of concentrated procurement ended, market transactions gradually dwindled last week. The maintenance cancellation in Tongwei and the production ramp-up in Baoshan further reduced market transaction enthusiasm. Currently, the trend of polysilicon oversupply for June and July remains, and SMM still holds a bearish outlook.