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According to SMM data, near the end of the year, many leading polysilicon companies began cutting production or slowing down production, causing polysilicon production in November-December to fall far short of expectations. Research shows that the final domestic polysilicon production in November was 114,600 tons, down 14.48% from October; polysilicon production is expected to be 113,500 tons in December, and polysilicon production will continue to decline. Previously, the market generally expected polysilicon production in November to be around 120,000 tons. According to statistics, due to downstream demand towards the end of the year, silicon wafer companies have also begun drastic production cuts. Among them, the final production of silicon wafers in November was 54.37 GW; in December, silicon wafer production is expected to be 45.7 GW. Judging from the comparative balance, polysilicon still has storage pressure.

Zhitongcaijing·12/04/2025 07:01:02
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According to SMM data, near the end of the year, many leading polysilicon companies began cutting production or slowing down production, causing polysilicon production in November-December to fall far short of expectations. Research shows that the final domestic polysilicon production in November was 114,600 tons, down 14.48% from October; polysilicon production is expected to be 113,500 tons in December, and polysilicon production will continue to decline. Previously, the market generally expected polysilicon production in November to be around 120,000 tons. According to statistics, due to downstream demand towards the end of the year, silicon wafer companies have also begun drastic production cuts. Among them, the final production of silicon wafers in November was 54.37 GW; in December, silicon wafer production is expected to be 45.7 GW. Judging from the comparative balance, polysilicon still has storage pressure.