According to the monitoring of the business society, since 2021, the price of polysilicon has continued to rise, up nearly 50% as of April 30. At present, the mainstream quotation of polysilicon market is between 75000-95000 yuan / ton, and that of monocrystalline silicon has exceeded 140000 yuan / ton.

Tight supply and strong demand jointly prompted this wave of market. On the supply side, the operating rate of 11 polysilicon enterprises in production has been maintained at a high level. Throughout the first quarter and since April, the operating rate of polysilicon enterprises has been maintained at more than 90%. However, the domestic production still can not meet the demand. At the same time, the price of imported materials is rising, and the prices of OCI in South Korea and wacker in Germany also continue to rise. The root cause is that the downstream demand only increases but not decreases. Since 2021, the demand of downstream silicon wafer manufacturers is strong, especially since last year’s production expansion, which aggravates the tension of upstream silicon materials. After the price adjustment of number theory, silicon wafer manufacturers have greatly improved their tolerance for high price silicon materials, which also drives the price rise of the whole photovoltaic industry chain, and the cost is continuously transmitted to the downstream.

In the future, polysilicon analysts from the business community believe that there is still room for polysilicon prices to rise in the short term, and that in the medium and long term, the pace of price rise may slow down due to the bad effects of silicon material production expansion and new production capacity.

Near the end of the month, the overall trend of the three major PE spot varieties is still weak. Among them, the ex factory price of LDPE in East China is still declining, with a one-day drop of 0.45% on the 30th. The general trend of LLDPE and HDPE in East China is stable, but the market quotation has declined. Here are the details:

According to the data monitoring of business news agency, the average ex factory price of LLDPE (7042) in East China was 8400.00 yuan / ton on April 25 and 8400.00 yuan / ton on April 30. The price of LLDPE (7042) was stable in the week, down 3.45% from April 1.

According to the data monitoring of the business association, the average ex factory price of LDPE (2426h) in East China was 11125.00 yuan / ton on April 25, and 11075.00 yuan / ton on April 30, with a decline of 0.45% during the period, 8.75% lower than that on April 1.

According to the data monitoring of the business association, the average ex factory price of HDPE (5000S) in East China was 9016.67 yuan / ton on April 25, and 9016.67 yuan / ton on April 30. The price was stable in the week, down 3.05% from March 1.

At the end of the month, the three major PE spot markets continued to be weak, of which LDPE market was the most obvious. The ex factory prices of petrochemical enterprises fell, while the ex factory prices of LLDPE and HDPE were mostly stable. With the arrival of the May Day holiday, upstream enterprises are actively de stocking. However, as the downstream agricultural film is in the off-season of demand, the terminal is cautious in taking goods, and most of them are replenished on demand. The overall market transaction atmosphere is weak, and the overall trend of spot is stable and falling.

Even plastic futures recently fell shock to the spot market to bring limited positive. On April 30, the opening price of polyethylene futures 2109 was 8170, the highest price was 8230, the lowest price was 8015, and the closing price was 8040. The former settlement price was 8170, the settlement price was 8100, down 130, or 1.59%. The trading volume was 485376, the position was 351689, and the daily increase was 8884（ Quotation unit: yuan / ton)

In terms of demand, the downstream agricultural film is still in the off-season, the market operating rate continues to fall, the pipe and packaging film are expected to grow slightly, and the downstream may enter the market for replenishment after the festival. Overall, the price of PE spot market is expected to rise slightly after the festival, but the range may be limited.