According to Jibang Consulting, polysilicon stocks currently remain above 570,000 tons, and overpressure on supply and demand is still high. Domestic polysilicon companies continued to cut production this month. Domestic silicon production is expected to drop to around 95,000 tons for the whole month, but compared to the slight excess demand for downstream pulsating crystals, the trend of inventory accumulation is slowing down. Currently, silicon wafer inventory remains around 27GW, and the overall supply is still relatively abundant, while demand for downstream cells is not supported enough, and inventory pressure has not been relieved. Some companies have already experienced low price shipments, and the overall price trend continues to be weak and steady. Currently, domestic centralized photovoltaic projects are in the installation and completion stage at the end of the year. Order deliveries for 210 size modules have increased, but demand for other size products is still relatively weak. Most of the terminals are mainly about the delivery of orders that are just needed and that won the bid in the early stages, and the overall trading sentiment is lackluster.

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