Polysilicon Plants to Cut Output due to Oversupply and Pessimism over Prices

The demand for silicon metal from polysilicon remained robust. According to SMM data, the domestic polysilicon production in April was 114,000 mt, an increase of nearly 3 percentage points month-on-month.

Polysilicon has been slightly oversupplied and inventories are gradually accumulating. Some companies have planned to cut output in anticipation of falling polysilicon prices.

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