The mainstream prices of recharging polysilicon and dense polysilicon were 68-78 yuan/kg and 65-75 yuan/kg respectively. The polysilicon price index stood at 63.04 yuan/kg.
The mainstream prices of recharging polysilicon and dense polysilicon were 68-78 yuan/kg and 65-75 yuan/kg respectively. The polysilicon price index stood at 63.04 yuan/kg.
The price of polysilicon continued to fall sharply. At the beginning of this week, due to the weak market sentiment and the continued sharp drop in the price of silicon wafers, the price of polysilicon continued to fall below 70 yuan/kg.
As prices fell below the cost lines of some small plants, some manufacturers have stopped production for maintenance. The decline slowed down at the end of the week. The price drop as affected supply, and the price of polysilicon will bottom out soon.
More popular news:
SMM Daily Comments (Jun 5): Base Metals Mostly Fell, Ferrous Metals Bucked the Trend to Surge, Oil Gained Further on Saudi Arabia Output Cuts in July
SMM Daily Comments (Jun 6): Base Metals Mostly Rose, Iron ore Surged, Oil Plunged on Sluggish Overseas Economies
SMM Daily Comments (Jun 8): Base Metals Closed Mixed with SHFE Tin Plunging, Iron Ore Soared, Oil Rebounded
SMM Daily Comments (Jun 7): Base Metals Mostly Rose, Ferrous Metals Dropped, Oil down as Russia Dumps Cheap Oil
China Will Issue Massive Bills In Hong Kong This Year
Breaking News! What are the Signals from China’s Surprise Rate Cut besides the Aim of Lowering Financing Cost for Real Economy?
Global Manufacturing PMI Continued To Fall In May, Points To Downturn In Global Economy
SMM Indonesia Nickel and Cobalt Industry Chain Conference: Global Nickel & Cobalt Supply and Demand Prospect, Impact from NEV Development
Indonesia Will Launch Nickel Price Index Applied for Domestic Policies and Deter Export Duties on Nickel Products
Chilean Tax Hike Will Deter Copper and Lithium Mine Investment, Push Japanese Mining Companies to Other 24 Countries
Glencore to Aggressively Expand Copper Capacity
World Bank Raises Forecast for Global Economic Growth in 2023 with Significant Increase for China, Emphasises Dangers of A High-Interest Rate Environment, But Lowers Forecast for 2024
Commerzbank Lowers Price Forecast for Copper, Aluminium, Zinc and Nickel for 2023 and 2024
Rumours Say Glencore Will Raise Takeover Bid for Teck Resources, but Another Big Obstacle Lies Ahead
Commodity Price Bubble Finally Burst, but Metals Demand Will Surge
Market forecast
Market review
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.