Polysilicon prices extend declines, inventory pressure is mounting
The mainstream traded prices of P-type dense polysilicon were 40-46 yuan/kg this week, and N-type polysilicon at 45-53 yuan/kg.
NCM cathode demand may decline in May
Early in the week, falling cobalt and lithium prices dragged down NCM cathode prices.
No major adjustments have been made to LFP pricing
LFP prices were between 42,950-44,180 yuan/mt in the week ending April 25, with the average price down 25 yuan/mt to 43,600 yuan/mt.
Nickel sulphate prices held stable in the week ending April 25
Nickel sulphate prices held stable before the lower end of the price range slightly increased in the week ending April 25.
Easing inventory pressure and cost support helped stabilise silicon wafer prices temporarily
The mainstream traded prices of 182mm monocrystalline silicon wafers were 1.6-1.7 yuan/piece, versus 2.1-2.2 yuan/piece for 210mm and 1.5-1.65 yuan/piece for N-type 182mm silicon wafers this week.