China's polysilicon, wafer and cell markets held quotations on October 26. Mysteel put N-type dense polysilicon at Yuan 43/kg and mixed-grade material at Yuan 40/kg. N-type G12 wafers averaged Yuan 1.12/piece, while N-type G12 cells averaged Yuan 0.29/W. The assessment did not specify delivery or VAT terms. Producers maintained a full-cost floor, but buyers purchased only for immediate needs and used traders to cover gaps. Stable upstream quotes limit the scope for further cell and module price declines in the near term, although weak downstream demand continues to cap any recovery.
Edited by Lucas Wang, wangchenghao@mysteel.com
