On the evening of August 6, eight major domestic crystalline silicon companies jointly signed an “anti-internal volume” proposal in Shanghai, promising not to sell at lower cost prices. Since the eight companies together account for more than 90% of the effective production capacity of polysilicon in the country, this move sends a signal to the market that they intend to repair prices. Many interviewees believe that under the supervision of relevant departments, the polysilicon market price is expected to rise above the cost line. However, since the root cause of the low price of polysilicon is oversupply, the real price recovery still needs to be achieved by clearing out real backward production capacity.
Zhitongcaijing · 1d ago
Share
Listen to the news
On the evening of August 6, eight major domestic crystalline silicon companies jointly signed an “anti-internal volume” proposal in Shanghai, promising not to sell at lower cost prices. Since the eight companies together account for more than 90% of the effective production capacity of polysilicon in the country, this move sends a signal to the market that they intend to repair prices. Many interviewees believe that under the supervision of relevant departments, the polysilicon market price is expected to rise above the cost line. However, since the root cause of the low price of polysilicon is oversupply, the real price recovery still needs to be achieved by clearing out real backward production capacity.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending