PVinsights:Upstream in Deadlock

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Polysilicon prices remain stable this week since the strength of the current solid demand is still not strong enough to enhance price further. Moreover, as the expectations of the possible severe downturn in June, polysilicon suppliers prefer to hold the prices in order to secure more orders in the coming month, instead of raising prices. On the other hand, the prices outside China remain stable as well, pressured by ample supply and demand doubt. Since some non-Chinese multi-crystalline wafer suppliers have not retrieved to full productivity, the improvement in demand is still not sufficient to reverse the oversupply.