【安泰科】单晶硅片周评-市场成交清淡 价格承压下行（2026年3月12日）

Core Viewpoint - The silicon wafer prices continue to decline due to weak downstream demand and reduced cost support from raw materials [1][2]. Price Trends - N-type G10L monocrystalline silicon wafer (182183.75mm/130μm) average transaction price is 1.03 yuan/piece, down 3.74% week-on-week [1][3]. - N-type G12R monocrystalline silicon wafer (182210mm/130μm) average transaction price is 1.12 yuan/piece, down 4.27% week-on-week [1][3]. - N-type G12 monocrystalline silicon wafer (210*210mm/130μm) average transaction price is 1.33 yuan/piece, down 2.21% week-on-week [1][3]. - Downstream battery cell prices have also slightly decreased, with mainstream prices at 0.41-0.43 yuan/W, down 2.33% week-on-week [1][2]. Market Conditions - The silicon wafer market is experiencing weak demand, with fewer purchasing orders from downstream, leading to downward pressure on prices [2]. - The overall operating rate in the industry remains stable, with major enterprises operating at 46% and 45%, while integrated enterprises operate between 50%-60% [2]. - The market faces three pressures: high inventory, weak demand, and reduced cost support, which may hinder price recovery in the near future [2]. Price Statistics - The highest and lowest prices for N-type G10L, G12R, and G12 silicon wafers are recorded, with fluctuations noted [3]. - The price data is based on a weighted average from 12 participating companies, which account for 92.77% of the domestic monocrystalline silicon wafer production in Q4 2025 [3]. Participating Companies - A list of companies participating in the price statistics includes major players such as JA Solar Technology, Trina Solar, and LONGi Green Energy [4].