First, the price trend
of silicon materials last week, the average price of N-type polysilicon dense materials was 36000 yuan/ton, and the ring ratio remained stable, down 6.74% year-on-year; The average price of N-type granular silicon was 34,300 yuan/ton, which was flat on a month-on-month basis, down 4.72% from the same period last year, and the price of silicon materials has remained stable for nearly a month. During the week, the operating rate of polysilicon declined slightly and the inventory dropped slightly, but the overall level was still high, coupled with weak demand, the price remained stable.
Figure 1: Price Trend
of N-type Polysilicon Compact Material Source: Digital New Energy DataBM. Com
Figure 2: Price Trend
of N-type Granular Silicon Source: Digital New Energy Dat ABM. Com
II, Demand and Price Outlook
Digital New Energy DataBM. Com data show that the TOPCon double-sided 182 photovoltaic module price index was 0.75 yuan/W last week, up 1.35% annually. The price index of TOPCon double-sided 210 PV modules was 0.76 yuan/W, which was flat on a month-on-month basis and increased by 10.14% on a year-on-year basis. The price index of TOPCon double-sided 210R PV modules was 0.76 yuan/W, which was down by 1.3% on a month-on-month basis and increased by 11.76% on a year-on-year basis; The price index of HJT double-sided 210 photovoltaic modules was 0.75 yuan/W, down 1.3% from the previous month. During the week, the marginal demand for components has improved, but the overall recovery is fatigue, and the transmission resistance of price increases is greater.
Table 1: Last Friday's Photovoltaic Module Price Index (CPMPI)
Data Source: Digital New Energy DataBM. Com
Figure 3: Trend of
Photovoltaic Module Price Index in the Past Month Data Source: Cement Big Data (HTTPS ://data. Ccement. Com/)
Last week, the price of industrial silicon dropped slightly. The average price of Si4210 industrial silicon was 9513 yuan/ton, a slight decrease of 0.27% compared with the previous month. The downstream rigid demand was weak. The resumption of production was accelerated in the southwest wet season. In addition, the inventory was high. It is expected that the short-term price will still be stable and weak.
Polysilicon, with the arrival of the wet season, a number of manufacturers have increased their production schedules, increased the release of production capacity, the overall inventory pressure in the superimposed market is too high, the supply of goods is very sufficient, there is no centralized production reduction action at present, and it is expected that the pattern of loose supply will continue; On the demand side, although the production schedule of some large silicon wafer factories in the downstream has rebounded slightly, they only maintain the daily replenishment, the market demand for terminal components is weak, the stock mood of enterprises is low, and the purchasing power is weak. On
the price side, the spot price was consolidated sideways, the price difference of different types of silicon materials remained stable, the futures market was weak, and the basis convergence also exerted pressure on the spot market near the delivery period. At present, the high inventory in the market suppresses the upward space of the price, the cost side forms the bottom support, and there is a lack of strong positive driving force in the short term. It is expected that the price of silicon materials will continue to be volatile and weak this week.
浙公网安备33010802003254号