The rumor of "production reduction supporting the price" of silicon materials is limited. The photovoltaic market soared for a "one-day tour", with the market value of the sector evaporating by 15.3 billion yuan.

Stocks with significant increases on May 13 experienced a correction on May 14. According to statistics, as of the close on May 14, the total market value of photovoltaic industry stocks evaporated by 15.3 billion yuan compared to the previous trading day. The photovoltaic equipment index reached a high of 6345.199 points on May 13 before falling back to 6188.839 points, up 2.27% for the day. The index opened at 6122.822 points on May 14, lower than the previous day's closing position. It is understood that the reason for the sharp rise in the photovoltaic sector yesterday was mainly due to rumors of silicon material companies restricting production to support prices in the market. Market reports indicate that the industry is planning for the top 6 ranked silicon material manufacturers to acquire all remaining silicon production capacity. However, industry insiders have confirmed that discussions on "production cuts to support prices" are indeed taking place, but details have not yet been agreed upon and costs are relatively high. "If the industry is actively exploring all kinds of solutions, we also look forward to a good result, but we still need to continue observing," one industry insider said.