This week, the domestic polycrystalline silicon market stabilized and prices remained at last week’s level. According to the Commodity Market Analysis System of Business Society, polycrystalline silicon saw a weekly increase or decrease of 0%. At present, the mainstream range of single crystal dense materials with a model of first grade solar energy is maintained at 70-85000 yuan/ton.

On the supply side, the production of silicon material manufacturers has slightly rebounded, mainly due to the weakening of the impact of power restrictions on the manufacturers’ devices, and some devices have resumed operation. The supply has eased somewhat since then. In addition, the new production capacity of silicon materials has been gradually released, but the overall inventory is at a low level; The short-term supply of silicon materials is still being released, which is also the reason why the price of silicon materials remains high. At present, most silicon material companies have signed long-term orders for next month, and some individual orders still have a slight upward trend, but the amplitude is restrained; Downstream silicon wafers maintain rigidity in their demand for silicon materials.

On the demand side, the downstream silicon wafer production rate is normal, and the recent price increase by the silicon wafer manufacturer Longji has played a stabilizing role in the market. High temperature power restrictions have little impact on the actual output of silicon wafers. Silicon wafer companies operate at high operating rates, resulting in an increase in silicon wafer inventory, which may hinder prices in the later stages; From the perspective of terminal demand, there is no significant increase in the procurement demand for silicon wafers in the battery and component sectors; And the export sector still faces uncertain prospects. This may result in the price increase of silicon material being difficult to maintain for too long.

Future forecast: The supply of silicon materials in the market will remain reasonable and stable in the near future, but there is also a risk of inventory accumulation in the future as the release of new production capacity increases. Moreover, there has not been much improvement in demand, so the tight supply of silicon materials may gradually ease, and there is little possibility of a retaliatory rebound in the future. Polycrystalline silicon analysts from Business Society believe that prices are expected to maintain a narrow adjustment pattern in the near future.