Photovoltaic silicon wafers have surged, industry insiders: some manufacturers have indeed proposed reducing production to support prices.

In the early trading on May 13, the A-share photovoltaic sector saw a significant increase, with the silicon material sector performing particularly well. As of the time of the reporter's report, Daquan Energy rose nearly 18%, and Tongwei Corporation hit the limit up. The reporter noted that there were rumors that day that the industry is planning to purchase all the remaining silicon material production capacity from the top six manufacturers in the industry, and a leading manufacturer proposed reducing production to support prices and set a target price range. The reporter learned from industry insiders that indeed a leading silicon material manufacturer has proposed a plan to reduce production to support prices, and this manufacturer has communicated with some silicon material manufacturers in advance, but whether the plan will be implemented is still unknown. Another source indirectly confirmed to the reporter that a leading manufacturer has proposed a price support plan and is optimistic about its success. In addition, some industry insiders, when discussing the rumors, told the reporter to wait and see for now, hoping that the industry will really come up with effective reform measures. Of course, some industry insiders have proposed another solution to the current dilemma of low prices and losses in the silicon material sector, which is for companies to announce a one or two-month production stoppage, prioritize the digestion of inventory, and then restart production, allowing silicon material companies to return to a situation of making a small profit or at least not incurring losses.