The Zhitong Finance App learned that the Silicon Industry Branch published an article saying that according to Antech statistics, the transaction price of n-type composite feed (rod-shaped silicon) was 43,000 yuan/ton this week, which was flat from month to month; the transaction price range for n-type granular silicon was 4.00 to 4.1 million yuan/ton, and the average transaction price was 40,300 yuan/ton, which was flat from month to month. The domestic polysilicon market was running smoothly this week. The volume was basically the same as last week, and the actual number of trading companies remained at 2-3. Some companies mainly execute early order delivery, and the pace of addition is slow. Downstream procurement is generally cautious. There are three main reasons: first, there is a certain difference in futures prices, and downstream waits and waits for price signals to be further clarified; second, downstream prices are inverted, and costs are not well transmitted downward; third, production adjustments by various enterprises are being implemented one after another, and the market is waiting for the effects of production cuts to be further revealed.
According to customs statistics, in September, China's polysilicon imports were 1,750.4 tons, up 151.8% from month to month, the average price was 25.80 US dollars/kg, down 23.4% from month to month; the export volume was 2873.7 tons, down 15.2% from month to month, the average price was 7.97 US dollars/kg, down 28.3% from month to month. The export volume was higher than the import volume. The net export trend continued, but the import volume clearly rebounded month-on-month and the average price declined.
Overall, the market is at a stage where prices are stabilizing and transactions are slowly recovering. Production adjustments by various enterprises have been implemented one after another since October. Supply-side contraction has progressed steadily, and prices have basically remained stable. In the later stages, attention should be paid to the intensity and sustainability of production cuts, the downstream profit recovery process, and changes in the current price relationship.
