This Week's Silicon Wafer Market: Tight Balance Between Supply and Demand, Prices Steady and Slightly Rising

Prices of silicon wafers rose slightly

this week. The average transaction price

of M10 monocrystalline silicon wafers (182 mm/150 μm) increased to 3.15 yuan/piece, with a week-on-week increase of 2.27%;

the average transaction price of N-type monocrystalline silicon wafers (182 mm/130 μm) increased to 3.26 yuan/piece, with a week-on-week increase of 0.62%; The average transaction price

of G12 monocrystalline silicon wafers (210 mm/150 μm) was maintained at 4.2 yuan per piece, and the week-on-week ratio was flat. The main reason for the rise in the price of silicon wafers

this week is the price adjustment of a first-line enterprise this week. In addition, the transaction prices of N-type silicon wafers are concentrated this week. On

the supply side, the expansion of an enterprise in Inner Mongolia this week resulted in a power cut, affecting part of the month's output, while the rest of the silicon wafer enterprises basically maintained full-load production. In addition, some enterprises are facing the pressure of reporting performance or IPO, and have to step up production and shipment. According to statistics, the output of silicon wafers in August is expected to be between 58-60 GW, and the supply increment far exceeds expectations , mainly from the production climbing of several new projects and the increment of enterprises approaching full-load production. On the

demand side, batteries were produced at full capacity, and component prices stabilized and rebounded. On

the battery side, the mainstream transaction price of M10 monocrystalline PERC batteries was maintained at around 0.76 yuan/W. In the third quarter, the production capacity of N-type batteries was released centrally, which led to a substantial increase in the demand for N-type silicon wafers. At present, the profit of the battery side is relatively considerable, so the specialized enterprises are close to full-load production. On the

module side, the M10 single-sided single crystal PERC module rose to 1.2 yuan/W, up 1.7% annually. At present, some small specialized component factories have no high-priced orders in the early stage, resulting in partial production reduction. The first-line big factories can still maintain a relatively low profit level because of the brand effect.

This week, the operating rate of the two first-line enterprises remained at 90% and 95%. The operating rate of integrated enterprises is maintained between 80% and 100%, while that of other enterprises is maintained between 95% and 100%. It is estimated that the supply of silicon wafers in August is about 58-60 GW, and the demand is about 58.5G W, of which the domestic demand is about 55 GW and the export is about 3.5G W. Overall, the supply of silicon wafers has shifted from a small surplus in the early stage to a tight balance between supply and demand, so it is expected that the overall price trend of silicon wafers in August will be stable, and there is little possibility of large fluctuations in the short term.