November 12 Silicon and Photovoltaics Market Daily: Production cuts in polysilicon and silicon wafers are gradually materializing, while high inventories continue to curb a price rebound. The most actively traded industrial silicon futures contract closed at RMB 8,610 per tonne, up 0.64%, but a single day's gain is not enough to indicate a turnaround in the industry chain. Learn more about supply adjustments, inventory drawdowns, and demand changes, and stay informed on key market developments across the photovoltaic industry chain.

Solar cell inventory is at around 7 days, follow-up on new orders remains limited, and downward price pressure across the industry chain is becoming increasingly apparent. According to TrendForce, large-size and high-efficiency cells are holding up relatively well, while conventional products face greater inventory clearance pressure. This article analyzes supply-demand differences among product specifications and outlines key checks for manufacturers’ production schedules, procurement price comparisons, and delivery coordination. It helps businesses assess the market based on actual orders, inventory, and quotation inquiries, and optimize procurement and supply chain decisions.