The price of silicon material fell below an important threshold. According to the latest data disclosed by the Silicon Industry Branch of the China Nonferrous Metals Industry Association, silicon prices fell sharply across the board this week, falling below 50,000 yuan/ton in the mainstream price range. Lu Biao, deputy director of the silicon industry expert group of the China Nonferrous Metals Industry Association, told the reporter that the sharp drop in silicon prices this week was mainly due to sufficient supply. The old production line is still 100% full, and most of the newly put into production capacity has also climbed. He judged that the silicon construction situation will be adjusted in the second quarter. “Major silicon companies all produce at multiple bases, and high-cost bases should arrange some parking and maintenance at that time.” People from silicon companies also mentioned to reporters that the reason behind this week's sharp price drop is that in January and February of this year, the upstream PV operating rate was high, the downstream operating rate was relatively low, and new silicon production capacity was launched in the second half of the year. Overall, price changes were still affected by supply and demand. (Securities Times)