Polysilicon futures hit the daily limit on the first day of listing, and institutions expect future prices to be under pressure

Golden Ten Futures December 26th news, polysilicon futures today listed on the Guangzhou Stock Exchange trading, the main contract (PS2506 contract) on the first day of listing hit the daily limit, is now slightly down, narrowed to 10.23%, according to Guotai Junan Futures analysis, in the short term, the market sentiment ferment, but in terms of fundamentals in December some downstream advance stocking consumption front, so that the downstream demand from January to February 2025 is weak, polysilicon supply and demand balance is relatively loose, polysilicon prices are expected to be under pressure, so the next day of listing there is a possibility of opening low. The main contract operating range is expected to be 42000-50000 yuan/ton in the early stage of listing. In the short term, polysilicon futures have just been listed, and the disk volatility is large. Investors are advised to hold positions cautiously.