On December 20, the Silicon Industry Branch of China Nonferrous Metals Industry Association released the latest transaction price of solar-grade polysilicon.
Past week:
The transaction price of N-type materials was 65,000-70,000 yuan/ton, with an average of 67,800 yuan/ton, a week-on-week decrease of 0.29%.
The transaction price of monocrystalline composite materials was 59,000-65,000 yuan/ton, with an average of 61,600 yuan/ton, a week-on-week decrease of 1.12%.
The transaction price of single crystal dense materials was 57,000-62,000 yuan/ton, with an average of 59,500 yuan/ton, a week-on-week decrease of 1.16%.
The transaction price of single crystal cauliflower material was 54,000-59,000 yuan/ton, with an average of 56,100 yuan/ton, a week-on-week decrease of 1.58%.
The price of n-type materials is relatively stable this week, while the transaction price of p-type materials continues to decline, showing an overall downward trend. Starting from the raw material link, the price difference of n-p products has widened.
From what Sobi Photovoltaic Network has learned, thanks to the increasing market demand for n-type components, the price and demand for n-type silicon materials are relatively stable, which is also conducive to promoting polysilicon companies to actively improve product performance, especially The proportion of n-type silicon material in production has exceeded 60% in some large manufacturers. In contrast, demand for low-quality silicon materials continues to shrink, and market prices have fallen, which may be lower than the production costs of some manufacturers. At present, news has spread that “a polysilicon company in Inner Mongolia has stopped production.” Although the impact on polysilicon supply in December was not significant, it also sounded the alarm for related companies to put new production capacity into production and to upgrade old production capacity through technology.
Data from the National Energy Administration shows that from January to November this year, the country’s newly installed solar power generation capacity reached 163.88 million kilowatts (163.88GW), a year-on-year increase of 149.4%. Among them, the newly installed capacity in November reached 21.32GW, which is the same as in December in the past few years. The level of new installed capacity in a single month is similar. This means that the rush to install products at the end of 2023 has arrived, and market demand has increased, which will provide certain support for prices in all links of the industrial chain. Judging from feedback from relevant companies, the prices of silicon wafers and batteries have been relatively stable recently, and the price difference due to size has decreased. However, the price of p-type components is still declining, and the impact of supply and demand on prices obviously exceeds cost factors.
In terms of bidding, recent component bidding has repeatedly seen mixed bidding of n and p components, and the proportion of n-type components is generally higher than 50%, which is not unrelated to the narrowing of the n-p price difference. In the future, as the demand for p-type battery components declines and overcapacity intensifies, market prices may continue to fall and breakthroughs in cost constraints will also have a certain impact on upstream prices.
Post time: Dec-22-2023