According to TrendForce Jibang Consulting, the current polysilicon inventory remains above 570,000 tons, and the overpressure on supply and demand is still high. Although domestic polysilicon production decreased by about 20,000 tons month-on-month this month, there is still excess demand compared to downstream demand. Affected by production cuts, although the progress of storage accumulation has slowed down, the trend of inventory accumulation has not changed. Currently, the downstream crystal extraction process maintains an on-demand inventory replenishment strategy. Leading manufacturers still maintain prices above 40 yuan for dense materials, but prices in the futures market are significantly lower than those offered by spot manufacturers. As the end of the year approaches, capital and inventory pressure on some enterprises is gradually increasing. Combined with downstream demand, it is not ruled out that individual polysilicon companies will cut prices and shipments. Overall polysilicon prices may be stable and the actual transaction focus may shift slightly.

According to TrendForce Jibang Consulting, the current polysilicon inventory remains above 570,000 tons, and the overpressure on supply and demand is still high. Although domestic polysilicon production decreased by about 20,000 tons month-on-month this month, there is still excess demand compared to downstream demand. Affected by production cuts, although the progress of storage accumulation has slowed down, the trend of inventory accumulation has not changed. Currently, the downstream crystal extraction process maintains an on-demand inventory replenishment strategy. Leading manufacturers still maintain prices above 40 yuan for dense materials, but prices in the futures market are significantly lower than those offered by spot manufacturers. As the end of the year approaches, capital and inventory pressure on some enterprises is gradually increasing. Combined with downstream demand, it is not ruled out that individual polysilicon companies will cut prices and shipments. Overall polysilicon prices may be stable and the actual transaction focus may shift slightly.