硅业分会：单晶硅市场成交清淡 硅片弱势运行

Core Insights - The silicon wafer prices are experiencing a downward trend due to weak terminal demand, leading to continuous downward pressure in the market [1][2] - Some silicon wafer companies have initiated production cuts in response to losses, which has slightly improved the supply-demand relationship, although low-priced products are becoming more prevalent [2] Price Trends - N-type G10L silicon wafer average transaction price is 1.17 yuan per piece, down 6.40% week-on-week - N-type G12R silicon wafer average transaction price is 1.2 yuan per piece, down 4.00% week-on-week - N-type G12 silicon wafer average transaction price is 1.5 yuan per piece, down 5.06% week-on-week [1] Demand and Supply Dynamics - Downstream battery prices have slightly decreased, while module prices have remained stable; mainstream battery prices are between 0.27-0.28 yuan/W, down 0.01 yuan/W week-on-week, and module prices are between 0.66-0.68 yuan/W, unchanged from last week [1] - The overall operating rate in the industry has slightly decreased, with leading companies operating at 52% and 50%, and integrated companies operating between 50%-70% [2] Market Outlook - Due to weak terminal demand and increasing silicon wafer inventory, prices are expected to remain under pressure in the short term - Many silicon wafer companies plan to further reduce operating loads in December, which may help alleviate supply-demand conflicts and stabilize the market [2]