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SunSirs: Domestic Polycrystalline Silicon Prices have Significantly Declined

October 27 2023 09:48:57     

On the 26th, the price of polycrystalline silicon in China fell, with the domestic market falling by about 8000 RMB/ton this week, and the quotation fell by 8.71% compared to the beginning of the week. On the supply side, the devices affected by the accident in the early stage have now resumed operation, and the newly added production capacity has been gradually released, achieving mass production. The domestic supply has significantly increased, and the shipping speed has slowed down, causing silicon material manufacturers to accumulate inventory. The weakened bargaining power has forced silicon material manufacturers to lower prices for shipment. From the perspective of downstream silicon wafers, the operating load of silicon wafer enterprises has decreased, mainly due to the backlog of inventory from manufacturers in the early stage, coupled with a slowdown in downstream procurement. The inventory level of silicon wafers continues to operate at a high level, and the crystal pulling end can only lower its own operating rate to alleviate the oversupply situation. From the perspective of terminal demand, the prices of battery cells and components have been inverted. Although the domestic installation rate is basically stable, external orders have decreased, and overall terminal demand has slowed down. Therefore, polycrystalline silicon analysts from Business Society believe that in the short term, it is expected that the price of silicon materials may maintain a weak trend.

At present, the mainstream range of single crystal dense materials with a model of first grade solar energy is maintained at 70-75000 RMB/ton.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

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