印度矿源供应缩紧 高纯石英砂价格有望上涨

Core Viewpoint - The domestic high-purity quartz sand market is experiencing a downturn due to supply-demand misalignment in the photovoltaic industry, with prices showing signs of slight recovery due to tightening supply from India [1][2] Group 1: Current Market Conditions - As of mid-March, domestic prices for high-purity quartz sand are as follows: inner layer sand at 60,000-70,000 CNY/ton, middle layer sand at 30,000-40,000 CNY/ton, and outer layer sand at 20,000-30,000 CNY/ton [1] - Imported quartz sand prices remain high at 90,000-100,000 CNY/ton, although they have decreased from previous highs of 350,000-400,000 CNY/ton [1] - Recent news of tightened supply from Indian sources has led to a slight increase in domestic prices, with inner layer sand now priced at 60,000-80,000 CNY/ton, reflecting a 5,000 CNY/ton increase from mid-month averages [1] Group 2: Future Market Outlook - Demand for high-purity quartz sand is expected to remain strong, with an estimated requirement of 20,000 tons for every 100 GW of photovoltaic installations [2] - Current stockpiles of Indian quartz sand in China are primarily from traders' previous inventories, which are expected to last only one year [2] - Without support from key suppliers like Silica and TQC, domestic companies cannot produce inner layer grade quartz sand, and the supply from these companies is already fully consumed in the market [2] - If Indian export restrictions continue, domestic quartz sand prices are likely to rise significantly due to low inventory levels among producers and downstream customers [2]