Polysilicon prices have increased since the start of the year, after a relatively long period of decline in the latter months of 2022, according to the silicon branch of the CNMIA.
Monocrystalline silicon currently sells at an average price of CNY 217.5 ($32.30)/kg, with prices ranging from CNY 200/kg to CNY 232/kg. This is 31.02% higher that the levels registered in mid-January.
The CNMIA said that polycrystalline silicon is being priced at an average of CNY 215.2/kg, with prices ranging from CNY 198/kg to CNY 230/kg, up 31.22% from mid-January.
After China's recent new year holiday, wafer manufacturers returned to high operation rates in order to handle downstream orders. As a result, they quickly consumed all polysilicon in stock, according to the CNMIA. This contributed to a tense supply situation and higher prices.
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