Last week (11.9-13), the domestic polysilicon price continued its recent downward trend, with domestic market and imported material prices falling to varying degrees. According to the monitoring of the business agency, polysilicon fell by 1.48% this week. The main reason is that with the increase of enterprise operating rate, the supply has changed into a loose pattern, but the demand has not increased significantly.

In the early stage of last week, the market trend of polycrystalline silicon continued in November. In terms of supply, at present, the operating rate of domestic polysilicon manufacturers has rebounded. Up to now, about 11 domestic polysilicon manufacturers have maintained about 3 maintenance or load reduction start-up. As of November 13 last week, another device has entered the maintenance period, and the market has not realized the supply change. Most of the enterprises in the lower reaches sign orders in recent 12 months, but the number of orders signed by most of the enterprises in the lower reaches of Xinjiang has gradually increased compared with the situation of large enterprises signing orders in the early stage. However, the number of orders signed by most enterprises in the lower reaches of Xinjiang is still on the high side, and the number of orders signed by most of the enterprises in the lower reaches is still on the high side. This mainly depends on the stability just needed at present. At present, the upstream and downstream enterprises of silicon materials have been in the process of price game, superimposed on the increase of Korean OCI source of goods to Hong Kong, resulting in the supply of both domestic and imported showed a rising trend. Therefore, the price of imported goods has also declined. According to the monitoring of the business agency, the domestic mainstream transaction price of polysilicon is 55000-58000 yuan / ton, and the non China price of polysilicon is 68000-70500 yuan / ton.

In the near future, the supply of polysilicon is relatively abundant, the upstream and downstream inventory is gradually consumed in the price game, the transaction is slightly slowed down in the process of the game, some silicon material enterprises are overstocked, and it is possible to reduce the price to remove inventory. It is expected that polysilicon will inevitably fall into the situation of relative excess supply in the later period, and the price will fall easily but not rise.

Note: the above price is tax inclusive