Last week, the prevailing domestic transaction price for M10-182mm monocrystalline silicon wafers was 2.78-3 yuan/piece, and 3.7-4 yuan/piece for 210mm wafers, marking a significant price drop. The silicon wafer market is now oversupplied, with total inventory, including those held by silicon wafer plants and solar cell makers, projected to exceed 3 billion pieces, a several hundred percent surge. With bearish market sentiment, silicon wafer prices keep falling, leading to a significant drop in October's planned silicon wafer production as multiple companies cut production.
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