A few deals completed! Polysilicon resumes quotations

    On February 11th, the Silicon Industry Association released the weekly assessment of polysilicon. After suspending quotations for two weeks, polysilicon resumed quotations this week. 
    According to Antaike's statistics, the transaction price range of n-type polysilicon re-injection material this week was 51,000 - 53,000 yuan per ton, with an average transaction price of 51,700 yuan per ton; the transaction price range of n-type granular silicon was 50,000 - 51,000 yuan per ton, with an average transaction price of 50,500 yuan per ton.
    The market activity this week slightly rebounded, breaking the previous completely stagnant situation. A total of 4 enterprises reached a small number of orders, but the overall transactions were still mainly tentative transactions. The transaction structure showed a differentiated feature, with the transaction volume of granular silicon significantly higher than that of rod-shaped silicon. The main reasons were as follows: On the one hand, the terminal demand from the downstream has not improved, and due to the approaching Spring Festival holiday, there is a strong sense of waiting and观望between the upstream and downstream. The willingness for large-scale procurement before the holiday was low； on the other hand， most silicon material enterprises are currently in a state of significant production reduction or even shutdown， and the willingness to further significantly lower the price is relatively weak. Under the combined influence of the above factors， granular silicon， due to its relatively higher cost performance， is more likely to achieve substantive transactions for urgent orders. 
    In the short term, the polysilicon market is expected to remain in a state of stalemate and wait-and-see. The dominant factor remains the balance between weak demand before the holiday and supply contraction. The price fluctuation space is limited. After the holiday, as terminal installation projects gradually start, downstream demand is expected to spread from the bottom up, driving the increase in procurement demand. At the same time, the continuous contraction of silicon material supply will also support the improvement of the supply-demand relationship. The few transactions that occurred this week have, to a certain extent, provided bottom support for the subsequent price. However, the resolution of the core contradiction of supply and demand still mainly depends on the comprehensive recovery of terminal demand and the effective implementation of related energy consumption policies.