Allied Consultancy: It is expected that the supply-side game of polycrystalline silicon will intensify in the second half of the year.

According to the Securities Times APP, Jiabang Consulting stated that looking ahead to August, the overall supply of polysilicon is expected to be in the range of 120,000 to 125,000 tons. With the upward correction of polysilicon prices, the previously completed but idle new production capacity is gradually expected to officially start production, mainly driven by new players and second- and third-tier manufacturers. The previous low-price production was unprofitable, but with the current price correction, there is a strong expectation of resuming production. However, considering the actual situation of demand for 25H2 photovoltaics, it is not ruled out that there may be a situation of having supply but no market. At present, "price guidance" and "capacity integration" serve as the foundation for the current polysilicon prices, but the resumption of work and production after profit recovery is beginning to challenge the positive effects brought by policy, and it is expected that the game on the supply side of 25H2 polysilicon will intensify, with more variables brewing.