In the early morning of September 15, the Silicon Industry Branch of the China Nonferrous Metals Industry Association announced the latest price of solar-grade polysilicon.
The transaction price of N-type materials was 90,000-99,000 yuan/ton, with an average of 92,300 yuan/ton, which was the same as the previous month.
The transaction price of monocrystalline composite materials was 78,000-87,000 yuan/ton, with an average price of 82,300 yuan/ton, and the average price increased by 0.12% week-on-week.
The transaction price of single crystal dense materials was 76,000-85,000 yuan/ton, with an average price of 80,400 yuan/ton, and the average price increased by 0.63% week-on-week.
The transaction price of single crystal cauliflower material was 73,000-82,000 yuan/ton, with an average price of 77,600 yuan/ton, and the average price increased by 0.78% week-on-week.
This is the ninth overall increase in polysilicon prices since July.
Compared with the price on September 6, it was found that the price increase of silicon materials this week was small. Among them, the lowest price of p-type silicon material remained unchanged, and the highest price rose slightly by 1,000 yuan/ton, showing a slight upward trend overall; the price of n-type silicon material remained stable after 10 consecutive increases, which also allowed everyone to see the new realization of supply and demand. The hope of balance.
After communicating with relevant companies, we learned that there has been a slight reduction in component production recently, and integrated manufacturers have given priority to using their own battery production capacity, resulting in an oversupply of products from specialized battery companies and a price decline of about 2 cents/W, which has suppressed the decline of silicon to a certain extent. The wafer link increases the motivation for production scheduling, thereby suppressing the continued price increase of silicon materials. We believe that the price of silicon materials has been mainly stable in the near future, and may only fluctuate slightly; there is no opportunity to adjust the price of silicon wafers in the short term, but we must pay attention to subsequent changes in supply and demand and pay attention to the possibility of inventory price declines.
Judging from the recent winning bids for components, prices are still at the bottom and fluctuating slightly, cost pressure is still obvious, and there is an “inversion”. Integrated companies continue to maintain a cost advantage of 0.09-0.12 yuan/W. We believe that the current module prices are close to the bottom and have touched the profit and loss line of some manufacturers. Development companies can stock up on appropriate quantities on the premise of confirming product quality, after-sales warranty, etc.
Post time: Sep-16-2023