Multiple Polysilicon Companies Hold Closed-Door Meeting, Agreeing to Minimum Average Cost-Inclusive Price of 430,000 Yuan per Ton

According to participating companies, on October 11, leading polysilicon firms held a closed-door meeting in Hangzhou, agreeing that the average cost-inclusive price (including Siemens and granular silicon) and corresponding sales price for polysilicon must not fall below 430,000 yuan per ton. A company representative stated that this price reflects the true cost line after accounting for industrial silicon, electricity, depreciation, labor, and other factors. (Caixin Financial News)