光伏产业链多环节产品价格明显上涨

Core Viewpoint - The photovoltaic industry is experiencing a price increase across multiple segments, indicating the initial success of the "anti-involution" policy aimed at promoting healthy competition and improving product quality [1][2][3]. Price Trends - As of September 12, 2023, the price of silicon wafers (P-type M10) in Yunnan remained stable at 1.2 yuan per piece, while the price of polysilicon (P-type dense material) in Inner Mongolia was 36 yuan per kilogram, both showing increases compared to previous days [1]. - In August, the average prices of N-type polysilicon materials increased by 2.13% to 4.65%, while N-type silicon wafers saw price increases ranging from 1.45% to 4% [2]. - The price of photovoltaic glass also saw significant increases, with 2.0mm double-layer coated glass rising by 6.12% [2]. Market Demand and Supply Dynamics - Recent improvements in terminal demand due to the initiation of domestic projects and overseas orders have stabilized the operating rates of component manufacturers, providing some support for essential procurement [3]. - The market is closely monitoring the potential supply reduction due to the upcoming dry season in October, which is expected to significantly lower production in Sichuan and Yunnan, thereby alleviating supply surplus [3]. Component Market Outlook - The prices of photovoltaic components have remained relatively stable, with 182mm TOPCon and 210mm HIT double-sided double-glass components priced at 0.68 yuan and 0.72 yuan per watt, respectively [4]. - Despite the pressure from rising upstream prices, the acceptance of price increases by downstream buyers remains limited due to low returns in the terminal market [4]. - The consensus in the market is leaning towards optimism for the short-term price trajectory of photovoltaic components, especially with the traditional peak season approaching in the fourth quarter [5].