The mainstream average traded price of monocrystalline silicon wafer M10 and G12 stood at 4.75 yuan/piece and 6.2 yuan/piece respectively this week. The prices of silicon wafers continued to fall sharply, and quotations among enterprises were chaotic.
The previous lucrative profit drove silicon wafer plants to produce at full tilt, growing the current market inventory to as high as 1.6-1.7 billion pieces. Prices are expected to fall further amid pressure to reduce inventories.
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