Premium

PV Price Watch: polysilicon falls to a low of US$24.25/kg

By Carrie Xiao
Facebook
Twitter
LinkedIn
Reddit
Email
According to the latest report by Shanghai Metals Market (SMM) on April 26th, the prices of 160μm-130μm silicon wafers have dropped across the board, with the steepest decline reaching 0.15%.

The Silicon Industry Association has reported that silicon wafer prices have continued to fall due to an oversupply of silicon.

In terms of polysilicon, as of April 26th the Silicon Industry Association has revealed that the transaction price of mono recharging chips is between RMB175,000-190,000/tonne, with an average of RMB182,100/tonne (US$26,288), a decrease of 5.35% from the previous month. The transaction price of mono dense polysilicon is between RMB173,000-185,000/tonne, with an average of RMB180,700/tonne (US$26,085), a decrease of 4.89%. The transaction price of mono popcorn is between RMB170,000-181,000/tonne, with an average of RMB177,100/tonne (US$25,565), a decrease of 5.14%.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

According to the SMM on April 26th, the price of silicon materials has fallen below the RMB170/kg threshold, to RMB168.29/kg (US$24.29). Mono recharging chips, mono dense poly and n-type silicon materials have all entered the RMB170 (US$24.50) range from their previous RMB180 (US$26) range, while the price of granular silicon is only RMB166/kg (US$23.96).


The SMM summary reports that the decline in polysilicon prices is due to inventory pressure and the desire to sell from a top Chinese company. It is feared that many other companies may follow suit and lower their prices.

On the demand side, the balance between supply and demand for cells is tight, and demand for modules is guaranteed. The mainstream cell prices remain at RMB1.05-1.08/W.

However, the prospect of profiting is not quite certain and pressure to purchase cells is increasing. Some integrated module manufacturers in China are trying to improve their market share by lowering prices, with certain recent bids dropping to RMB1.65/W (US$0.24).

10 March 2026
Frankfurt, Germany
The conference will gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing out to 2030 and beyond.

Read Next

June 30, 2025
Voting on the US tax reconciliation bill is expected to begin in the Senate today, following a draft published on Friday that hit clean energy tax credits hard.
June 30, 2025
Australian module manufacturer Tindo Solar has secured a 30MW solar module supply agreement to power Australia's first "net zero pipeline”.
June 27, 2025
Renewables investment platform Nexwell Power has signed a round of power purchase agreements (PPAs) with “one of the largest” US tech companies for solar PV capacity to be built in Spain.
June 26, 2025
International researchers led by King Abdullah University of Science and Technology (KAUST) have developed a new cooling technology that improves the power and longevity of solar cells.
June 26, 2025
A group of minority shareholders in Norwegian silicon firm REC Silicon has triggered an investigation into the circumstances surrounding the closure of the company’s US polysilicon production site.
June 26, 2025
Nextracker will supply solar tracker systems to a 550MW solar PV project in the Greek province of Western Macedonia, owned by Greek renewables developer PPC Renewables.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 1, 2025
London, UK
Media Partners, Solar Media Events
July 2, 2025
Bangkok, Thailand
Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece