SMM Silicon-based PV Morning Meeting Summary: Stable Silicon Metal Prices with Slight Declines in Some Specifications, Polysilicon Prices Released

[SMM Silicon-based PV Morning Meeting Summary]

Silicon Metal: The spot prices of silicon metal remained stable overall, with slight downward adjustments for certain specifications. Yesterday, the above-standard #553 silicon metal in east China was priced at 11,700-11,900 yuan/mt, down by 50 yuan/mt. The #421 silicon metal was priced at 12,100-12,300 yuan/mt. The most-traded silicon futures contract continued to decline yesterday, promoting the release of hedging liquidity, with the market mainly trading at low prices.

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. The order signing prices for polysilicon in the new month are being gradually released, with some small factories offering pure N-type polysilicon as low as 38 yuan/kg, while large factories quoted 40 yuan/kg.