This week, the domestic single crystal compound feed price range was 206,000-215,000 yuan/ton, and the average transaction price rose slightly to 211,000 yuan/ton, a week-on-week increase of 0.91%; the single crystal dense material price range was 204,000-213,000 yuan/ton. Tons, the average transaction price rose to 209,000 yuan/ton, a week-on-week increase of 1.06%.
The price of polysilicon continued to rise this week. Among them, the average transaction price of single crystal double-feed materials, single-crystal dense materials, and single-crystal cauliflower materials increased by about 1%, and the mainstream long-term transaction price of re-feed materials from major first-line manufacturers was about 210 thousand yuan/ton. , The bulk unit price transaction range is 213,000-21.5 million yuan/ton, and the low-price transaction range of other companies’ re-feeding materials is 206,000-208,000 yuan/ton (including long and bulk orders), and the highest price difference is 9,000 yuan/ton. Silicon material prices continued to rise slightly this week, mainly due to the rapid recovery of the operating rates of the two first-tier silicon wafer companies and the continuous release of silicon wafer expansion capacity, which significantly increased the demand for silicon materials, not only in the production of silicon wafers in August An increase of more than 20% also includes the increase in the production of silicon materials in the furnace and the increase in spare silicon materials outside the furnace. The increase in the number of furnaces started by silicon wafer enterprises indicates that these three increments have increased simultaneously, so the demand for silicon materials will be relatively large in the short term. The growth rate, silicon material supply, including output and inventory, has also been quickly digested in a relatively short period of time. The market continues to change in the direction of short supply, so the price of silicon material continues to rise.
As of this week, 12 domestic polysilicon companies are in production, and there is no corporate maintenance. There are two companies with maintenance plans in September, and the output impact is limited. Even if the maintenance impact is included, the domestic polysilicon production in September will likely reach a new high, which is expected to be between 43-44,000 tons, and the import volume is expected to remain unchanged. At about 10,000 tons, the total supply of silicon materials is between 53,000 and 54,000 tons, which can meet the downstream demand for 18GW silicon wafers. According to the total supply of about 63,000 tons in August (including production, imports, and full inventory) The downstream demand for silicon wafers is 21.7GW and the actual output is 17.7GW. There are about 4GW of silicon material to be converted. Therefore, the silicon material can only meet the maximum silicon wafer output of 22GW in September, that is, under the premise that there is no significant increase in silicon material. If some silicon wafer companies continue to increase their operating rates, some companies will inevitably be forced to lower their operating rates. Sufficient downstream orders will stimulate various silicon wafer companies to continue to increase their procurement requirements to ensure their high operating rates. Therefore, the state of the polysilicon market in the short term will gradually The transition from tightly balanced supply and demand to short supply will further support silicon material prices to continue their upward trend in a limited space.