SMM Silicon-Based PV Morning Meeting Summary: Stable Silicon Metal Prices, Polysilicon Market Stabilizes

[SMM Silicon-Based PV Morning Meeting Summary]

Silicon Metal: Spot silicon metal prices remained stable. Yesterday, above-standard #553 silicon metal in east China was priced at 11,600-11,800 yuan/mt, and #421 silicon metal was priced at 12,100-12,300 yuan/mt. Yesterday, the silicon futures Si2501 contract fluctuated downward, closing at 12,270 yuan/mt. The silicon metal market showed strong sentiment of wait-and-see, with suppliers' quotations basically stable and downstream demand weak, resulting in sluggish actual transactions.

Polysilicon: Yesterday, the mainstream prices for N-type polysilicon were 38-42 yuan/kg, and the mainstream prices for dense polysilicon were 34-36 yuan/kg. Previous polysilicon order signing was basically completed, and the market gradually stabilized.