---
title: "The price of polysilicon futures has fallen below 40,000 yuan/ton"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/279859426.md"
description: "On March 19, the main contract for polysilicon at the Guangzhou Futures Exchange fell below 40,000 yuan/ton, closing at 38,550 yuan/ton, a decrease of 5.77%. This price is seen as the cash cost line for some companies in the polysilicon industry, indicating market pressure on high-cost production capacity. Spot market data shows that the average transaction price for N-type polysilicon feedstock is 43,200 yuan/ton, a month-on-month decline of 4.42%. Since entering March, the price of polysilicon feedstock has cumulatively dropped over 20%"
datetime: "2026-03-19T23:44:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/279859426.md)
  - [en](https://longbridge.com/en/news/279859426.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/279859426.md)
---

# The price of polysilicon futures has fallen below 40,000 yuan/ton

On March 19th, a significant signal emerged from the upstream of the photovoltaic industry chain. At the close of trading that day, the main contract for polysilicon on the Guangzhou Futures Exchange fell below the 40,000 yuan/ton mark, closing at 38,550 yuan/ton, a decline of 5.77%. "This is a landmark event," said Qu Fang, an investment advisor at WanLian Securities, in an interview with reporters. The 40,000 yuan/ton level is widely regarded as the cash cost line for some leading companies in the polysilicon industry. The futures price falling below this threshold indicates that the market is applying "extreme pressure" on high-cost production capacity

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