多晶硅数据日报-20251028

1. Report Industry Investment Rating - Not provided in the given content 2. Core View of the Report - In the fourth - quarter terminal rush - installation expectation, the fundamentals of polysilicon have marginally improved. Coupled with the anti - involution expectation, the price may run strongly in the short term [1] 3. Summary According to Related Content 3.1 Futures Price - For PS2601, the closing price is 54,500 with a 4.2% increase; for PS2511, the closing price is 55,000 with a 3.55% increase; for PS2512, the price is 54,540 with a 4.06% increase; for PS2602, the price is 54,280 with a 4.3% increase [1] - The price difference between PS2511 - PS2512 is - 2350, down 340; between PS2512 - PS2601 is 40, down 65; between PS2601 - PS2602 is 220, down 45 [1] 3.2 Spot Price - The average price of N - type dense particles is 51.5, and that of N - type mixed materials is 50.5 [1] - The price difference between N - type dense materials - PS2601 is - 3000, down 2195; between N - type mixed materials - PS2601 is - 4000, down 2195 [1] 3.3 Inventory - The polysilicon inventory (weekly, in ten thousand tons) is 25.8, an increase of 0.5; the silicon wafer inventory (weekly, in GW) is 1.16, an increase of 18.47; the registered warehouse receipts (daily, in tons) is 9240, a decrease of 180 [1] 3.4 Industry Situation - In October, the polysilicon output is expected to be about 134,000 tons, showing an increase compared with September, exceeding the previous market expectation. Some leading enterprises will cut production in November, and the output is expected to decline [1] - Last week, the quotes of domestic component enterprises fluctuated slightly. Recently, the installation projects in some provinces have increased. In November, some component factories have received more orders, and the original large - scale production reduction plan will be adjusted. The overall planned production reduction in November is expected to be less than expected [1]