智通财经网·2025-09-03 07:17Core Viewpoint - The report from CICC indicates that the polysilicon price has a range of 46,000 to 51,000 yuan per ton, with an average transaction price of 47,900 yuan per ton, but the order volume has decreased compared to the previous period [1] Group 1: Polysilicon Market Dynamics - The polysilicon inventory in the silicon wafer sector has been increasing, with approximately 208,000 tons of polysilicon inventory as of August 31, combined with 270,000 tons in the silicon material sector, leading to a total industry inventory of about 500,000 tons, sufficient for around five months of demand [1] - The industry is expected to limit sales by about 97,000 tons in September, while polysilicon production is projected to reach 120,000 to 130,000 tons, indicating a continued accumulation of inventory in silicon material companies [1] Group 2: Glass and Inverter Market Insights - The glass inventory days have decreased by 17.99% to 19.69 days, with the price of 2.0mm glass at 11 yuan per square meter, suggesting a potential price recovery above the cost line due to ongoing supply-side adjustments [3] - The inverter sector is expected to see a quarter-on-quarter increase in shipments in Q3, with some manufacturers exploring AIDC solid-state transformers as a new growth point for performance [3] Group 3: Investment Opportunities - The report highlights potential investment opportunities in the polysilicon sector, particularly in leading companies like Tongwei Co., Ltd. (600438.SH) and JinkoSolar (688223.SH), which are expected to benefit from the anticipated price increases [2] - The glass industry is recommended for investment, focusing on leading companies such as Xinyi Solar (00968) and Fulete (601865.SH), as well as inverter companies like Jinlang Technology (300763.SZ) and DeYe Co., Ltd. (605117.SH) [3]