工业硅：市场消息发酵，关注上方空间，多晶硅：关注本周会议信息

Report Summary 1. Report Industry Investment Rating No information provided regarding the industry investment rating. 2. Core View The report focuses on the fundamentals of industrial silicon and polysilicon, including price, profit, inventory, and raw material cost data. It also mentions a macro and industry news item about a heterojunction battery and component project. The trend strength for both industrial silicon and polysilicon is rated as 1, indicating a neutral outlook [1][3]. 3. Summary by Relevant Catalogs Fundamentals Tracking - Futures Market: Si2511's closing price is 8,635 yuan/ton, with a change of -40 yuan compared to T - 5. PS2511's closing price is 51,530 yuan/ton, with a change of 1,100 yuan compared to T - 5. There are also details about trading volume, open interest, and spreads for both industrial silicon and polysilicon futures [1]. - Spot Market: Industrial silicon spot prices vary by type, such as Xinjiang 99 silicon at 8,450 yuan/ton, and polysilicon - N - type re - feed at 49,000 yuan/ton. There are also data on spot premiums and discounts [1]. - Profit: Silicon factory profits are negative for both Xinjiang and Yunnan new - standard 553. Polysilicon enterprise profits are - 15.7 yuan/kg [1]. - Inventory: Industrial silicon social inventory is 54.3 million tons, enterprise inventory is 17.5 million tons, and the total industry inventory is 71.8 million tons. Polysilicon factory inventory is 24.9 million tons [1]. - Raw Material Cost: Prices of raw materials like silicon ore, washed coal, petroleum coke, and electrodes are provided, with some showing price changes over different time periods [1]. - Related Product Prices and Profits in the Polysilicon Industry Chain: Prices and profits of products such as silicon wafers, battery cells, components, and photovoltaic glass are included, with some products showing price changes compared to different time points [1]. - Organic Silicon and Aluminum Alloy: DMC price is 11,000 yuan/ton, and DMC enterprise profit is - 994 yuan/ton. ADC12 price is 20,450 yuan/ton, and the profit of recycled aluminum enterprises is - 230 yuan/ton [1]. Macro and Industry News On August 11, the People's Government of Qidong City, Jiangsu Province, released an acceptance notice for the first - phase project of Qidong Hongjun's heterojunction battery and component project. The project, with a total investment of 1 billion yuan, is expected to produce 2GW of single - crystal heterojunction 210*105mm (N - type) HJT double - sided double - glass components annually [1][3]. Trend Strength The trend strength for industrial silicon and polysilicon is 1, indicating a neutral outlook on both [3].