The photovoltaic industry association clarifies the rumors about polycrystalline silicon, and there is still uncertainty about the progress of the "big collecting and small storing".

On the evening of July 29th, the China Photovoltaic Industry Association released a clarification on its official WeChat account, stating that recently some self-media outlets have published news about the photovoltaic industry fighting against internal competition, especially in the area of polycrystalline silicon. The association stated that "the related content is seriously inconsistent with the actual situation. Please do not believe or spread rumors." The association expressed that they will promote the fight against internal competition in accordance with legal and market principles, striving to quickly move away from vicious competition patterns. They requested everyone to refer to official information and thanked everyone for their support of the photovoltaic industry, acknowledging that there is still a long way to go. It is worth noting that the Photovoltaic Industry Association did not specifically mention the details of the clarification. Industry insiders have learned that this clarification may be related to the rumored acquisition of polycrystalline silicon production capacity by larger companies from smaller ones, involving companies such as Xinyi, Nanbo, Baofeng, Runyang, and Hesheng Silicon Industry. When discussing this matter, industry experts believe that the progress of the polycrystalline silicon acquisition will depend on the negotiation situation, and that it is crucial to reduce inventory. Some companies should stop production to reduce inventory, otherwise, even if the polycrystalline silicon acquisition process is completed, it will be difficult to distribute the next production load. Furthermore, some insiders admitted that there is too much market rumor information currently, making it difficult to distinguish between true and false, and the market is very sensitive to related information. On July 29th, domestic commodity futures closed with polysilicon and others rising by more than 3%.