投机情绪有所降温 预计多晶硅维持宽幅震荡

Group 1 - The core viewpoint indicates that the polysilicon futures market is experiencing low-level fluctuations, with the main contract reported at 48,920.0 yuan/ton, reflecting a decline of 3.58% [1] - On July 30, the Guangxi Futures Exchange adjusted trading limits for certain polysilicon futures contracts, restricting daily opening positions for non-futures company members or clients on the PS2509 contract to a maximum of 500 lots, while limits for PS2510, PS2511, PS2512, and PS2601 contracts are set at 2,000 lots each [2] - The Ministry of Industry and Information Technology issued a notice regarding the 2025 annual special energy-saving inspection tasks for the polysilicon industry, with the N-type polysilicon material price rising to 46,500 yuan/ton as of July 31, and the lowest delivery price also reaching 46,500 yuan/ton, with a current spot discount of 3,135 yuan/ton [3] Group 2 - Jinrui Futures noted that some leading companies are resuming production, but there is no significant increase in silicon wafer production, indicating a weakening marginal fundamental outlook. The price is expected to maintain a wide fluctuation range between 45,000 and 54,000 yuan/ton, with market sentiment likely to be volatile [4] - Everbright Futures highlighted that the exchange's adjustments to position limits for industrial silicon and polysilicon contracts, along with previous clarifications from the photovoltaic association regarding capacity acquisitions, have cooled speculative sentiment. The current policy provides support for the market, limiting the potential for further declines [4]