Recently, the Silicon Industry Branch of the China Nonferrous Metals Industry Association released a market analysis indicating that although polysilicon prices have shown slight signs of rebound, their upward movement faces significant resistance. Key reasons include: on one hand, continued capacity expansion and the commissioning of new production lines have led to ample market supply; on the other hand, downstream photovoltaic manufacturers show limited tolerance for high raw material prices and have adopted more cautious procurement strategies, constraining price increases. Additionally, growing uncertainties in international markets and slowing overseas demand growth are further pressuring domestic silicon prices. The Silicon Industry Branch advises relevant enterprises to rationally assess short-term price fluctuations, avoid blind capacity expansion, and focus on improving product quality and cost control to better navigate intensifying market competition. Overall, polysilicon prices are likely to remain range-bound in the near term, with limited potential for a substantial rally.
近日，中国有色金属工业协会硅业分会发布市场分析指出，当前多晶硅价格虽有小幅反弹迹象，但整体上行面临明显阻力。主要原因包括：一方面，行业产能持续释放，新增产能陆续投产，导致市场供应充裕；另一方面，下游光伏企业对高价原料接受度有限，采购策略趋于谨慎，抑制了价格上涨空间。此外，国际市场不确定性增加，海外需求增速放缓，也对国内硅料价格形成压制。硅业分会提醒相关企业应理性看待短期价格波动，避免盲目扩产，注重提升产品质量与成本控制能力，以应对未来可能加剧的市场竞争。总体来看，短期内多晶硅价格或维持震荡整理态势，大幅上涨动力不足。
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