市场快讯：光伏海外订单爆发叠加反内卷情绪，工业硅价格持续上行

Report Summary 1) Report Industry Investment Rating No relevant content provided. 2) Core Viewpoints of the Report - The prices of related futures products in the photovoltaic industry chain are currently strong, but the fundamentals are relatively weak. The inventory in the polysilicon industry is decreasing, and it may continue to operate in the short term. Consider taking long positions at low prices when the price corrects [7]. 3) Summary Based on Related Content Industrial Silicon Price Trends - On August 11, industrial silicon opened with a significant jump. As of 11:00, it was reported at 8,970 yuan/ton, with a morning high of 9,025 yuan/ton, a 3.61% increase from Friday's closing price of 8,710 yuan/ton [5]. - Due to the market's expectation of a significant reduction in the export tax - rebate rate for photovoltaic modules in September, the polysilicon production increased slightly last week. Under the current domestic anti - involution policy, the market sentiment is positive, driving up the prices of products in the industry chain. Although the anti - involution policy is currently piloted in polysilicon and not yet in industrial silicon, the strong implementation of the policy leads to good market expectations for the current price of industrial silicon. The industry inventory is decreasing, and the increase in energy prices raises the production cost of industrial silicon, supporting the price to run above 8,900 yuan/ton [6]. Polysilicon Price Trends - The recent export tax - rebate event for photovoltaic modules continuously supports the polysilicon price to run above 50,000 yuan/ton. Although the price is already high and the tax - rebate event has limited upward momentum for the price, the decreasing inventory continues to support the price above 50,000 yuan/ton [7].