According to the monitoring of the SunSirs, since 2021, the price of polysilicon has continued to rise, up nearly 50% as of April 30. At present, the mainstream quotation of the polysilicon market is between 75000-95000 RMB/ton, and that of monocrystalline silicon has exceeded 140000 RMB/ton.

Tight supply and strong demand jointly prompted this wave of the market. On the supply side, the operating rate of 11 polysilicon enterprises in production has been maintained at a high level. Throughout the first quarter and since April, the operating rate of polysilicon enterprises has been maintained at more than 90%. However, domestic production still can not meet the demand. At the same time, the price of imported materials is rising, and the prices of OCI in South Korea and wacker in Germany also continue to rise. The root cause is that the downstream demand only increases but not decreases. Since 2021, the demand for downstream silicon wafer manufacturers is strong, especially since last year's production expansion, which aggravates the tension of upstream silicon materials. After the price adjustment of the number theory, silicon wafer manufacturers have greatly improved their tolerance for high price silicon materials, which also drives the price rise of the whole photovoltaic industry chain, and the cost is continuously transmitted to the downstream.

In the future, polysilicon analysts from the business community believe that there is still room for polysilicon prices to rise in the short term and that in the medium and long term, the pace of price rise may slow down due to the bad effects of silicon material production expansion and new production capacity. 

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