China's Polysilicon Prices Remain Stable Amid Weak Market Activity

China's polysilicon prices remained unchanged this week, according to the latest data released by the Silicon Industry Branch on November 11, 2026.

The average transaction price of N-type recharged polysilicon (rod silicon) stood at RMB 43,000 per ton, unchanged from the previous week. N-type granular silicon was traded at RMB 40,000–41,000 per ton, with an average price of RMB 40,300 per ton, also remaining flat week-on-week.

Despite stable prices, spot market activity weakened, with fewer orders signed compared with the previous week. Only one or two companies reported actual transactions during the period.

Market activity remains constrained by falling downstream wafer prices, while polysilicon manufacturers are reluctant to sell below their full production costs. The resulting price gap has slowed price negotiations and transmission across the solar supply chain.

The market is therefore facing continued pressure to balance upstream production costs with weakening downstream demand.