光伏周价格 | 抢装潮渐近尾声，产业链价格拐点将至

Core Viewpoint - The article provides a comprehensive overview of the current pricing trends and supply-demand dynamics in the photovoltaic (PV) industry, highlighting stability in prices across various segments despite external pressures and market fluctuations [4][20]. Silicon Material Segment - The mainstream transaction prices for N-type re-investment material and N-type dense material are 41 RMB/KG and 40 RMB/KG respectively, while N-type granular silicon is priced at 38 RMB/KG [6]. - Transaction volumes for silicon materials are low, with downstream players maintaining a wait-and-see attitude, although there is still support from downstream demand [7]. - April's estimated polysilicon production is around 103,000 tons, with manufacturers continuing to implement production control strategies to support prices, despite having approximately 250,000 to 260,000 tons of inventory [8]. - Prices for N-type re-investment and dense materials remain stable, with downstream demand for crystal pulling being robust, leading to a maintained inventory reduction mode [9]. Silicon Wafer Segment - Mainstream transaction prices for P-type M10 wafers are 1.10 RMB/piece, while P-type G12 wafers are priced at 1.65 RMB/piece. N-type M10 and G12 wafers are priced at 1.27 RMB/piece and 1.55 RMB/piece respectively [11]. - The recent earthquake in Myanmar has impacted the crystal pulling facilities in Yunnan, with an estimated effect of 3-5 GW, leading to a revised production forecast of 60-62 GW for the month. Demand for wafers remains strong, particularly for 183N and 210RN wafers, resulting in a rapid decrease in inventory levels [12]. - Prices for 183N and 210RN wafers have continued to rise, reaching 1.27 RMB and 1.53 RMB per piece respectively [13]. Battery Cell Segment - Mainstream transaction prices for M10 battery cells are 0.330 RMB/W, while M10 single crystal TOPCon and G12 single crystal TOPCon battery cells are both priced at 0.305 RMB/W. G12R single crystal TOPCon battery cells are priced at 0.340 RMB/W [15]. - The U.S. government announced a "reciprocal tariff" effective April 2, which introduces new variables for U.S. photovoltaic products. The Asia-Pacific region accounts for 98% of U.S. imports of battery cells, and the new tariffs will affect exports from these countries [16]. - Prices for various specifications of battery cells have stabilized this week [16]. Module Segment - Mainstream transaction prices for 182mm single-sided single crystal PERC modules are 0.69 RMB/W, while 210mm single-sided single crystal PERC modules are priced at 0.70 RMB/W. The prices for 182mm and 210mm double-sided double-glass single crystal PERC modules are 0.70 RMB/W and 0.71 RMB/W respectively [17]. - April's module production is estimated at 69-70 GW, continuing an upward trend. Domestic demand is driven by distributed projects, while overseas demand shows slight price increases, particularly in Europe [18]. - Prices for concentrated and distributed project modules in China have stabilized, with concentrated project prices averaging 0.69 RMB/W and distributed project prices averaging 0.75 RMB/W [19].