On April 15, data from the Silicon Branch showed that the price of polysilicon continued to decline this week, ushering in the seventh decline of this round of "price reduction tide". The average transaction price of N-type recharging materials dropped to RMB35,300/ton, with a month-on-month decrease of 1.94%; the average transaction price of N-type granular silicon dropped to RMB34,300/ton, with a month-on-month decrease of 2%. This week
, the polysilicon market activity has rebounded and the trading volume has increased, mainly due to the downstream strategic stock triggered by the periodic bottoming of prices. On the one hand, downstream enterprises "copy the bottom" tentative purchases, on the other hand, the narrowing of the price decline has eased the "wait-and-see" mood and released some just-needed orders.
Looking forward to the future market, the price of silicon materials is approaching the bottom, and the market is expected to fluctuate or ease, but by the end of March, the industry inventory has reached nearly 500000 tons, and the supply and demand of the industry has not been fundamentally reversed, and the pressure of high inventory still exists.
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