Core Viewpoint - The market for polysilicon remains weak with high inventory levels and low demand, but there is a strong consensus on price stability among major companies, which is expected to support the supply chain during this transitional period [1][2]. Group 1: Polysilicon Market - The average transaction price for N-type polysilicon is stable at 53,200 yuan/ton, while N-type granular silicon is at 50,500 yuan/ton, with a significant reduction in new orders [1]. - The industry anticipates a recovery in terminal demand by the end of Q1 2026, emphasizing the importance of maintaining price stability and inventory levels during the transitional period of January and February [1][2]. - The expected domestic polysilicon production for 2025 is around 1.33 million tons, with the top five companies accounting for approximately 78% of the total output [1]. Group 2: Silicon Wafer Market - The average transaction prices for silicon wafers have shown slight increases, with 183N wafers at 1.17 yuan/piece, 210RN at 1.20 yuan/piece, and 210N at 1.50 yuan/piece, indicating a positive market sentiment [3]. - The stability in polysilicon prices is providing cost support for silicon wafer manufacturers, leading to expectations of price increases for silicon wafers [3][4]. - Many silicon wafer companies are planning to raise their prices, with some even pausing shipments to observe future price trends [3]. Group 3: Battery and Component Pricing - Battery prices have increased by 7.1% to 9.1%, with the average price reaching 0.3 yuan/W, driven by rising silver prices [4][5]. - Major battery manufacturers have stopped shipping orders below 0.3 yuan/W, indicating a shift in pricing strategy due to cost pressures [4]. - The acceptance of increased battery prices by the component segment remains uncertain, as there is a significant divergence in pricing sentiment between the battery and component sectors [4][6].
成本压力显现 光伏产业链多环节酝酿上调报价
Zheng Quan Shi Bao Wang·2025-12-19 06:50