Zhi Tong Cai Jing·2025-07-15 05:51Core Viewpoint - The recent increase in silicon material prices indicates a potential turning point in the photovoltaic industry's supply-side reform, with a focus on the silicon material segment as the first to reflect changes [1][3]. Group 1: Silicon Material Price Trends - Silicon material prices have shown a continuous upward trend in July, with current average prices rising to 40-50 yuan per kilogram, an increase of 25-35% [1][2]. - The average price of various types of silicon materials in June was approximately 5% lower than in May due to demand front-loading from the current photovoltaic installation surge [2]. Group 2: Supply and Demand Dynamics - The production data for July indicates a silicon material output of 109,000 tons, which is higher than the output of silicon wafers, suggesting that the supply-demand relationship has not yet significantly improved [2]. - The acceptance of rising silicon material prices by downstream sectors remains uncertain, as current price increases are reflected more in quotes than in actual transaction prices [2]. Group 3: Government and Industry Response - The government's increased focus on combating low-price bidding and promoting high-quality development in the photovoltaic sector is expected to reshape the supply structure in the silicon material segment [3]. - The restructuring of the silicon material industry is anticipated to involve a selection process based on financial strength, cost management, and product quality among manufacturers [3].