Polysilicon Price Trend and Forecast

Polysilicon Regional Price Overview

Get the latest insights on price movement and trend analysis of Polysilicon in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).


Polysilicon Price Trend for the Second Half of 2023


The polysilicon market attracted little attention from end-user industries, which led to month-to-month price fluctuations in 2023's third and fourth quarters. Particularly severe fluctuations were seen in the third quarter when production output greatly outpaced demand while consumption in the automotive sector remained low. Reduced production costs and polysilicon pricing were also influenced by a drop in raw material prices brought on by restricted procurement.

Polysilicon Price Chart

Polysilicon Price Trends and Forecast

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Throughout the final month of the third quarter and the majority of the subsequent quarter, stability slowly surfaced in the market as the market dynamics started to improve. Due to the relaxation of restrictions on the supply of semiconductors, the automobile industry's demand increased, and production activities decreased, resulting in this stability.


The final month of the third quarter saw a significant and abrupt drop in polysilicon prices after a period of stagnation in the preceding months. Production costs and the significant decline in demand from downstream sectors were the main causes of this decline.

As a result, the market needed a long time to recover before showing any encouraging signs in the fourth quarter. Though their effects on the market were only felt in the final month of the year, the steady rise in raw material costs and demand from end-user sectors from the start of Q4'23 serve as indicators of this recovery.

North America

The downstream rubber sectors in North America had severe difficulties in the third quarter of 2023, which greatly affected the trend of polysilicon prices. The demand and supply sectors of the market noticeably moved opposite each other during this time, which made trading activities worse. Further, the feedstock industries did not assist the industry at all during this period, which added to the drop in polysilicon pricing. But soon after, the dynamics of the market started to change in favor of an upward momentum. Due to decreased production output in the fourth quarter and rising demand, stocks were reduced, and polysilicon prices rose.

Analyst Insight

According to Procurement Resource, the price trend of Polysilicon is estimated to continue on its southward journey as the current market trends of the downstream industries are showcasing dim momentum in the near quarters.

Polysilicon Price Trend for the First Half of 2023


The production activities and market trend of polysilicon are dependent on its feedstock silicon. In the first quarter, the slowdown of downstream sectors caused a significant rise in the stockpile levels. The market was also quiet due to the Lunar New Year holidays in China and the lower appetite of consumers.

In March, the production rates also slumped, resulting in the sluggish nature of the overall polysilicon market. With the commencement of the second quarter, the decline in prices also accelerated. The buyers became more hesitant to place orders in bulk due to the weak condition of the economy.


In European countries, the prices of polysilicon followed a bearish trend throughout the first and second quarters of 2023 as the interest in the automotive and downstream aluminum alloy industries took a dip. The fall in the cost of energy production helped the market to maintain its momentum, but the negative trading activities hampered the growth of the polysilicon prices. In the second quarter, the financial indicators indicated that the European markets were moving forward to a phase of recession that eventually led to the downfall in the price trend of polysilicon.

North America

The decline in the polysilicon price trend in the first and second quarters of 2023 was caused by the rising cost of production, reduction in earnings, expensive labor, and low interest of buyers in this sector. Further, the failure of two major banks in the region led to a rise in pressure on the market activities of polysilicon and was a significant cause behind the decline in its prices. The supply-demand gap widened in the second quarter as a result of consistently rising inventory levels and the underperformance of the whole US market.

Analyst Insight

According to Procurement Resource, the price trend of Polysilicon is expected to remain on the negative side due to low support from the downstream industries and plunging overall global polysilicon market sentiments.

Procurement Resource provides latest prices of Polysilicon. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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About Polysilicon

Polysilicon is the most standard material comprising various smaller silicon crystals or crystallites used for developing surface-micromachined devices. It has the same properties as single-crystal silicon, which can be doped by adding impurities. It is probably the purest element on the planet, with a purity of 99.9999999+%.

Polysilicon Product Details

Report Features Details
Product Name Polysilicon
Chemical Formula Si
Industrial Uses In the semiconductor industry, for charging Silicon-based photovoltaic cells (PV Cells), as a resistor, as the active and doped layers in thin-film transistors, as the conducting gate material in MOSFET and CMOS processing technologies, as the raw material in Czochralski process and Bridgeman technique.
Synonyms poly-Si, or polycrystalline silicon
CAS Number 7740-21-3
Molecular Weight 28.08 g/mol
Supplier Database OCI, SUMCO Phoenix Corporation, Sichuan Yongxiang Co. Ltd (Tongwei Co. Ltd), GCL-TECH, DaqoNew Energy Co. Ltd., Wacker ChemieAG
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Polysilicon Production Processes

The manufacturing process of polysilicon is a multi-step process, which marks its beginning with the reaction of metallurgical grade silicon and hydrogen gas in a reaction chamber, where the reactants are heated forming silane gas. The gas further undergoes decomposition in a different chamber, thus leading to silicon deposition onto polysilicon seed rod, which is then pulled up. Finally, the rod is annealed, crushed, and sorted removing impurities to give pure polysilicon.


The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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