Mei Ri Jing Ji Xin Wen·2025-07-08 10:12Core Viewpoint - The photovoltaic sector, particularly polysilicon stocks, experienced a significant surge, with leading companies like Tongwei Co., Ltd. and Daqo New Energy Corp. seeing substantial gains, indicating a positive market sentiment and potential recovery in the polysilicon market [1][2]. Industry Summary - The polysilicon market has shown signs of recovery, with a balanced supply-demand situation and no new inventory pressures reported [3][4]. - Monthly polysilicon production has stabilized around 100,000 tons, with expectations of an annual output of approximately 1.2 million tons, allowing for the consumption of about 100,000 tons of inventory in the second half of the year [4][5]. - The average transaction price for N-type polysilicon has slightly increased, reflecting a 0.87% week-on-week rise, indicating a positive price trend in the market [3]. - The industry is currently facing a significant reduction in production capacity, with nine companies having ceased operations since the beginning of 2024, contributing to a more favorable supply-demand balance [3][5]. - The overall domestic polysilicon production for the first half of the year was approximately 596,000 tons, a substantial year-on-year decrease of 44.1%, highlighting the impact of reduced operational capacity [4].