TrendForce report: Silicon material prices weak but stable, silicon wafer and battery prices under pressure.

According to the Securities Times app, on November 6, TrendForce released a consultation stating that looking ahead, under the pressure of high inventory, silicon prices continue to be under pressure. However, with the supply shrinking in November, and market expectations for the "stocking" policy of silicon materials still existing, prices also have some support, and are expected to remain weak and stable. Although the imbalance of supply and demand puts pressure on prices, if the upstream silicon prices can remain strong, it will provide strong cost support for silicon wafers. In this situation, combined with the industry consensus of "reducing production to support prices", it is expected that the downward space for silicon wafer prices in the future will be relatively limited.