NewsFlash / Cobalt & Lithium / SMM Flash: Polysilicon Futures Rebound Sharply, Surging Over 6%, Amid Limited Delivery Supplies
SMM Flash: Polysilicon Futures Rebound Sharply, Surging Over 6%, Amid Limited Delivery Supplies
iconMay 9, 2025 14:24
Source:SMM
[SMM Flash News: Polysilicon Rebounds After Hitting Bottom, Surging Over 6% During Trading! What Are the Reasons? What Are the Market Supports?] On May 8, the main polysilicon futures contract rebounded strongly after hitting a historical low of 34,375 yuan/mt during trading, closing up 2.43% on the day. On May 9, it continued to open higher, surging over 6% during trading, showing strong performance in the morning. Regarding the reasons for the strong rebound in the main polysilicon futures contract, according to SMM, it may be mainly related to the limited delivery brands in the hands of many of the five major delivery enterprises in the current market (mostly concentrated in a few thousand mt). As the delivery period approaches, the limited quantity of spot cargo has led to bears being unable to deliver sufficient goods for delivery as required by the contract.

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