The transaction price of domestic monocrystalline materials continued to rise this week, but the increase has narrowed slightly compared to last week. The number of new orders signed by first-line companies has not actually landed. The market has heard that the price of silicon materials has been rising, and the mainstream transaction range has fallen every day. RMB 82-85 per kilogram, with an average price of RMB 83 per kilogram. From the perspective of supply, the three polysilicon companies in Xinjiang (Daquan, Xinte, and Eastern Hope) have been requested by the domestic government to self-check their old production lines. The operating rate in August will be further reduced. The specific time for the resumption of work has not been given by the government so far. According to the news, another 10,000-ton enterprise branch line maintenance (Asia Silicon Industry) was added this month, affecting the output of 400-500 tons from August to October. It seems that the third quarter has become the most shortage of silicon materials this year. If Xinjiang polysilicon companies resume full production in September, coupled with the gradual restoration of supply from overseas OCI Malaysia and WACKER Germany, the shortage of silicon materials will have a chance to be relieved as soon as October. However, due to the lack of Xinjiang GCL production capacity, the fourth quarter The output of silicon materials is still in short supply compared with the demand of mono-polycrystalline silicon wafer enterprises, but it has obviously improved compared with the third quarter, and the price has a chance to stabilize.
Due to the intensified upstream supply shortage and the price increase of monocrystalline silicon wafers, the polycrystalline materials companies that originally produced less were reluctant to sell. On the other hand, coupled with the continued bullish expectations, the domestic polycrystalline materials transaction prices this week Continued to rise, falling between 58-65 yuan per kilogram, with an average price of 60 yuan per kilogram.
Under the sharp increase in the price of domestic single-polycrystalline materials, they have gradually spread to overseas silicon materials, and new orders have also shown an upward trend. This week, the single-polycrystalline materials are all adjusted to different degrees. The price of single-crystal materials is between 9.7-10.1 US dollars per kilogram; the price of polycrystalline materials is between 6.4-6.9 US dollars per kilogram.
The leading monocrystalline silicon wafer company Longi updated its official price on 7/24 and 7/31 for two consecutive weeks. The time between the two price adjustments was only one week. The shortage of upstream silicon material supply intensified, resulting in a substantial price increase. The part of the cost increase is added to the price of silicon wafers, compared with the increase at the end of June, which fell between 0.4-0.5 yuan per wafer (including the cancellation of the price preference). Due to this substantial price adjustment, downstream battery and component manufacturers have further expanded their pressure, and market prices are relatively chaotic. According to the recent quotations of top-tier companies, the actual landing orders are currently relatively small, but the overall transaction prices are Showing an upward trend, it is expected that the transaction price will be clearer after next week. This week, the domestic G1 and M6 prices fell between 2.63-2.9 yuan and 3.03-2.73 yuan per piece, respectively; the overseas G1 and M6 prices fell between 0.331-0.365 yuan and 0.347-0.381 yuan per piece, respectively. It is worth noting that the price difference between G1 and M6 was once again opened to RMB 0.13 per piece, an increase of RMB 0.04 per piece compared to the price difference at the end of June.
Following the substantial increase in the price of polycrystalline materials last week, polycrystalline silicon wafer companies directly responded to the rising cost of silicon materials. The price of polycrystalline silicon wafers rose across the board this week, and the transaction price fell between 1.5-1.6 yuan per piece, an average price. It is RMB 1.55 per piece. At present, the market for high-efficiency polycrystalline orders is still dominated by vertical integrated factories. Although the price of polycrystalline silicon wafers has continued to rise recently, some vertical factories will still complete the order execution. The part of overseas polysilicon wafers, driven by domestic prices, showed an upward trend this week. The price fell between US$0.197-0.209 per piece, with an average price of US$0.203 per piece.
Last Friday (7/31) after LONGi suddenly adjusted the price of silicon wafers, the overall cell cost increased by about RMB 0.04-0.05 per watt. The quotations of battery manufacturers also adjusted with the price of silicon wafers. G1 quotations rose to every watt. Watt 0.91-0.93 yuan, M6 comes to 0.93-0.95 yuan per watt. However, due to the limited room for price increase of modules and the influence of new silicon wafer price adjustments and fewer shipments, the new cell price this week There are few actual landings, and the game between cells and components continues.
The prices previously landed are still being implemented this week. The average price of G1 is RMB 0.88-0.89 per watt and RMB 0.90-0.91 per watt for M6. For some small and medium-sized manufacturers with urgent orders and weak bargaining power, the price of the high-priced segment G1 rose to 0.92 yuan per watt, the price of M6 fell to 0.93 yuan per watt, and the low-priced portion also increased to 0.85-0.86 yuan.
The negotiation between the battery and the module side has not yet ended. It is expected that the price trend will be clearer at the Shanghai SNEC exhibition. The follow-up consideration is that the module manufacturers will subcontract outsourcing and change their own battery production capacity to meet their own production capacity. The supply of solar cells is tight. It is expected to be relieved in advance, and the rise of subsequent cells will slow down.
The price of polycrystalline solar cells continues to rise in silicon wafers, coupled with the gradual stabilization of demand in India, polycrystalline solar cells have rebounded slightly this week, and the average price has reached RMB 2.5 per cell. However, the demand for polycrystalline cells has gradually decreased. The gains are limited.
As the price of solar cells continues to rise, and the price of auxiliary materials such as glass, solder ribbon, and EVA rises, the cost of components continues to rise. Although the domestic and overseas quotations of modules have increased by 0.1-0.15 yuan per watt and 0.01 US dollars per watt, apart from the recent bid openings of several large-scale projects, other actual landed price increase orders are still rare. In the case of making ends meet, we began to choose to stop all outsourcing and reduce the operating rate of modules, hoping to slightly alleviate the tension of cells and auxiliary materials, and increase the bargaining power of module factories.
At the same time as the operating rate of component factories is being repaired, a small number of terminal manufacturers at home and abroad have already negotiated component orders but have not been able to purchase enough components in the near future, which has also made the situation in confusion.