光伏产业链上游迎来反弹，硅料玻璃价格飙升，自律限产助力盈利修复

Core Insights - The prices of key materials in the photovoltaic industry chain, namely polysilicon and photovoltaic glass, have seen significant increases, indicating a positive adjustment in supply and demand dynamics within the industry [1][4] - The recent price rebound is largely attributed to the positive effects of a self-discipline agreement signed by the China Photovoltaic Industry Association and leading companies, aimed at avoiding vicious price competition and controlling capacity release [2][4] Polysilicon Market - On September 1, the main contract price for polysilicon futures surged over 6%, with the leading domestic polysilicon companies raising their spot prices accordingly. The mainstream price for rod silicon has reached 55 yuan per kilogram, while granular silicon is priced at 49 yuan per kilogram [1][4] - The strong rebound in polysilicon prices is significantly driven by industry self-discipline efforts, with the main contract PS2511 closing with a 6.03% increase [1][3] Photovoltaic Glass Market - Photovoltaic glass prices have also seen notable increases, with new order prices for September rising significantly. The benchmark price for 2.0mm single-layer coated glass has reached 13 yuan per square meter, up by 2 yuan per square meter compared to July [1][4] - As of late August, the inventory of photovoltaic glass has decreased to 24.02 days, indicating a healthy level of stock [1][4] Industry Outlook - If current price levels are maintained, leading companies in the industry are expected to achieve profitability, while second and third-tier manufacturers may approach breakeven points, suggesting potential for further price increases in September [4] - The simultaneous rise in polysilicon and photovoltaic glass prices reflects a phase of improvement in the supply-demand relationship within the photovoltaic industry chain, with downstream silicon wafer companies increasing their operating rates [4]