SunSirs: Downstream Pressure Transmission Remains Limited; Polysilicon Prices Maintain Stable Trend
November 21 2025 09:35:26     
According to the Silicon Industry Branch of the China Nonferrous Metals Industry Association, this week's transaction prices for n-type re-melted polysilicon ranged from RMB49,000 to 55,000 per ton, with an average transaction price of RMB53,200 per ton, unchanged from the previous week. Transaction prices for n-type granular silicon ranged from RMB50,000 to 51,000 per ton, averaging 50,500 RMB per ton, also unchanged week-on-week.
Based on corporate production schedules, polysilicon output in December is expected to remain around 120,000 tons, bringing the annual total to approximately 1.33 million tons—a year-on-year decline of 27.8%. While recent downstream production cuts will weaken short-term demand for polysilicon, both upstream and downstream enterprises exhibit high tolerance for supply-demand fluctuations amid concurrent supply tightening and already elevated social inventories.
Overall, the current polysilicon market exhibits weak demand but strong price stabilization efforts, with the latter exerting a more significant influence.
Therefore, in the short term, supported by supply contraction and a shared commitment to maintaining overall industry chain stability, polysilicon prices are expected to continue operating within a weak but stable range.
As an integrated internet platform providing benchmark prices, on November 21, the benchmark price of polysilicon on the business information platform was 52,000.00 RMB/ton, unchanged from the beginning of the month.
Application of SunSirs Benchmark Pricing:
Traders can price spot and contract transactions based on the pricing principle of agreed markup and pricing formula (Transaction price=SunSirs price + Markup).
If you have any inquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.
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