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Polysilicon Prices Continue to Fall, Futures Drop 2.14%

On March 30, polysilicon market weakness persisted. Spot N-type polysilicon traded around 38,500 RMB/ton, while the main futures contract (PS2605) closed at 34,807 RMB/ton, down 2.14%. The market remains mired in a vicious cycle of “falling prices → reduced buying → further price drops” due to severe oversupply and high inventory levels.

Downstream photovoltaic module manufacturers maintain low procurement rates amid the seasonal off-season, with some renegotiating signed contracts at lower prices. Industry insiders predict the market will continue to bottom out in the short term, with stabilization dependent on a significant demand recovery and inventory reduction.

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Polysilicon Prices Continue to Fall, Futures Drop 2.14%

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