银价飙升或“扼杀”光伏行业 白银面临阻力位压迫

Group 1 - The recent surge in silver prices has put additional pressure on solar panel manufacturers, who are struggling to end over two years of losses amid fierce industry competition [1] - In China, the largest market for solar components, manufacturers have raised prices to over 0.8 yuan per watt, reflecting a 1.4% to 3.8% increase due to rising silver costs, resulting in typical 500-watt panel prices reaching approximately 400 yuan (57 USD) [1] - Several major solar companies have warned of expected net losses again in 2025, indicating that despite a year of self-discipline measures and government-led actions to curb overcapacity and stop price wars, the industry's downturn has not yet bottomed out [1] Group 2 - The solar industry accounted for about 17% of total silver demand last year, more than double its share a decade ago, which poses a threat to the sustainability of the current silver price surge driven largely by increased speculative interest and broader commodity fund rotation [2] - On Friday, silver prices faced downward pressure due to strong resistance at 92.00 USD, while maintaining bullish momentum above the EMA50, indicating a stable bullish trend [3] - The historical high of 93.90 USD remains a key obstacle for silver prices, with potential declines if prices fall below the January 15 low of 86.19 USD, possibly reaching the January 13 low of 83.62 USD [3]