Eight domestic polysilicon producers signed a voluntary pledge to stop low‑price
dumping, not sell below full cost, and to carry out self‑inspection under
regulator oversight. The China Nonferrous Metals Industry Association (Silicon
Branch) says the domestic polysilicon market is in a wait‑and‑see standoff with
trading stalled; last week average transaction prices for N‑type feedstock and
granular silicon fell to 32,000 yuan/ton and 31,000 yuan/ton respectively,
markedly below industry full‑cost estimates. Industry sources say prices would
need to rise more than 40% to reach expected full‑cost levels. A signatory said
firms are acting on recent MIIT and SAMR meetings, the pledge is voluntary, and
punitive measures to strengthen self‑discipline may be introduced after the
announcement.