Chinese polysilicon manufacturers saw a surge in their stock prices due to expectations of a government policy aimed at reducing production in response to an oversupply in the market.
Daiwa Capital Markets mentioned the potential for these regulations in a recent note, suggesting that they could help stabilize the market.
The Ministry of Industry and Information Technology is anticipated to announce measures that will focus on limiting energy consumption among polysilicon producers. The ministry has not yet made any official comments regarding the proposed policy changes.