Silicon Industry Branch: The rise in raw material prices this week is driving the price of silicon wafers to soar

The Zhitong Finance App learned that the Silicon Industry Branch published an article stating that silicon wafer prices began to rise this week, and there was a significant increase. Among them, the average transaction price of N-type G10L monocrystalline silicon wafers (182*183.75mm/130 μm) was 1.05 yuan/sheet, up 22.09% from last week; the average transaction price of N-type G12R monocrystalline silicon wafers (182*210mm/130 μm) was 1.15 yuan/piece, up 15.00% from last week; N-type G12 monocrystalline silicon wafers (210*210 mm/130 μm) averaged 1.35 yuan/sheet, up 13.45% from last week.

Silicon wafer prices stopped declining this week and began to rise collectively, with a large increase. There are two main reasons for this. One is that silicon prices continue to rise, and the other is that the relationship between silicon wafer supply and demand has improved. Specifically, on the one hand, the price of the raw material polysilicon has continued to rise recently under the influence of anti-roll and other related policies, driving the price of silicon wafers back up; on the other hand, silicon wafer companies have successively implemented plans to reduce production and load this month, and industry supply has shrunk. Under the circumstances of reduced inventories, there is plenty of momentum for silicon wafer price increases. According to research, the overall operating rate of the industry declined slightly this week. Among them, the operating rate of the two first-tier enterprises was 50% and 40%, the operating rate of integrated enterprises was between 50% and 80%, and the remaining enterprises were between 50% and 80%.

Downstream batteries rose slightly this week, and module prices remained relatively stable. Among them, the mainstream price of batteries was 0.24-0.25 yuan/W, up 0.01 yuan/W from last week; the mainstream price of components was 0.65-0.66 yuan/W, the same as last week. Looking ahead to the future market, although demand for terminals has not improved significantly yet, policy and other factors are driving up silicon prices, which are expected to spread to all downstream sectors. At present, silicon wafer companies have reached a preliminary agreement. A new round of silicon wafer quotations will follow: N-type G10L is priced at 1.45 yuan/piece, N-type G12R is priced at 1.65 yuan/piece, N-type G12 is priced at 1.93 yuan/piece, and the relevant leading silicon wafer manufacturers have closed their positions and are awaiting growth. Whether related prices can be implemented later depends mainly on the degree of acceptance tolerance of downstream terminals such as batteries and components.