China Polysilicon Prices Soar as Rally Extends for a Third Week

Polysilicon prices in China rallied for the third week amid government efforts to combat overcapacity.

They rose by as much as 15% in the week through Wednesday, with the most expensive polysilicon product costing 41,700 yuan ($5,809) per ton, according to data from the China Silicon Industry Association. The increase surpassed last week’s, when prices rose the most since August 2023.