Price Trend

According to the data from the business associations’list, the price of polysilicon market in this week (8.26-30) has not changed much compared with last week, slightly declined, up 0.45%. The market as a whole shows signs of stabilization and stabilization. Over the weekend, domestic enterprises quoted an average of 59,000-62,000 yuan/ton, and the current price has fallen by about 30% compared with last year.

II. Market Analysis

The domestic polycrystalline silicon market is stable this week. The price has not changed much compared with last week. At present, the supply and demand in August are still in a relatively balanced state. Only the source of imports is affected by RMB exchange rate adjustment, and the price of RMB is slightly increased by US dollar-denominated imports. At present, the domestic price of polycrystalline silicon solar grade grade grade grade I material is between 5900-62000 yuan/ton.

In terms of supply and demand, as far as polycrystalline silicon is concerned, the supply is basically balanced, while the downstream demand is still slightly insufficient, so the price has not improved significantly. First of all: from the supply point of view, the actual stock in the market is not large. Two overseas silicon factories are expected to return to full production in September, while one or two domestic silicon factories are expected to be repaired, with a steady slight increase in supply. In addition, in terms of demand, downstream demand is stable at present, the overall domestic demand has not yet warmed up, and the purchase of conventional size batteries is still at a low level. In addition, although the demand for conventional size batteries is still low, the demand for large size batteries and double-sided PERC batteries is warming up, with the increase of demand. Many component factories have upgraded their production lines and higher wattage products are needed in the terminal market. It is expected that the actual shipments of large size batteries and double-sided batteries will also increase significantly in the fourth quarter.

In the future, business analysts believe that the current performance of the polysilicon market is unsatisfactory, the market as a whole lacks reasons for market breakthroughs, market demand and supply are not strong, and ultimately the downstream demand lacks substantial advantages. In addition, the Sino-US trade war led to the imposition of tariffs on China’s photovoltaic products, which also depressed domestic manufacturers. Initiative, polysilicon will inevitably be affected. It is expected that the market will remain narrow adjustment in the near future. With the increase of equipment maintenance in September, price rebound due to tight supply will not be excluded in the later period.