Many silicon wafer companies reduced production to ease pressure. In mid-May, a first-tier silicon wafer company shut down more than 2,000 furnaces.

SMM believes that polysilicon prices may continue to fall. First, in July, it is expected that several new polysilicon production lines will be put into production in China, such as Baofeng, Hoshine, etc. The commissioning speed of new polysilicon production lines will be much faster than that in April and May.

Since the beginning of the second quarter, the prices of domestic silicon wafers have started "another round" of declines. The price of polysilicon, which was already on the downward channel, has dropped more rapidly under the influence of silicon wafers. According to SMM statistics, as of June 1, the average price of domestic dense polysilicon was 116.5 yuan/kg, a drop of 43.4% compared to early April. The average price of 182 mm silicon wafer was 3.9 yuan per piece, a drop of 38.7% compared to the beginning of April. The market is relatively pessimistic. When will silicon wafer and polysilicon prices bottom?

According to foreign media reports on June 1, the epic commodity bull market starting three years ago has witnessed commodity prices hitting decades-highs.

The prices of metallurgical-grade silicon metal fell at a slower pace during the week, while the prices of chemical-grade silicon metal began to drop.

SHANGHAI, Jun 2 (SMM) - Silicon metal stocks across China’s three major markets stood at 151,000 mt as of June 2, up 1,000 mt from a week ago.

SHANGHAI, Jun 2 (SMM) – Silicon metal prices have been running at a low level for half a year.

SHANGHAI, Jun 2 (SMM) – Review: The prices of metallurgical-grade silicon metal fell at a slower pace during the week, while the prices of chemical-grade silicon metal began to drop.