智通财经APP获悉，据安泰科统计，在硅片企业挺价推涨、下游刚需采购以及成本支撑下，本周硅片价格继 续上涨。N型G10L单晶硅片(182*183.75mm/130μm)成交均价在1.31元/片，环比节前上涨9.17%；N型G12R单 晶硅片(182*210mm/130μm)成交均价在1.42元/片，环比节前上涨8.40%；N型G12单晶硅片(210*210 mm/130μm)成交均价在1.66元/片，环比节前上涨9.21%。 " -- "表示本周 P 型硅片未成交 本周参与价格统计企业名单: 调研了解，本周下游电池价格较节前大幅上涨，组件价格较节前持稳运行，其中电池片主流价格0.37-0.39 元/W，环比节前上涨18.75%，组件主流价格0.66-0.68元/W，环比节前持平。 降基绿能科技股份有限公司 晶澳太阳能科技股份有限公司 阳光能源控股有限公司 北京京运通科技股份有限公司 江苏美科太阳能科技股份有限公司 字泽半导体（云南）有限公司 此外，由于本周报价跨越两周，硅片价格涨幅较为显著。具体来看，供应端随着硅片企业大幅减产，硅片产 出减少，库存降低明显，据统计，12月硅片产量47.7GW，环比11月下降14 ...

Group 1 - The core viewpoint of the article indicates that silicon wafer prices continue to rise due to strong demand from downstream battery manufacturers and cost support from raw materials [1][2] - The average transaction price for N-type G10L monocrystalline silicon wafers is 1.31 yuan per piece, up 9.17% compared to the previous period; N-type G12R wafers are priced at 1.42 yuan, up 8.40%; and N-type G12 wafers at 1.66 yuan, up 9.21% [1][3] - The average mainstream price for battery cells is between 0.37-0.39 yuan/W, reflecting an 18.75% increase, while module prices remain stable at 0.66-0.68 yuan/W [1] Group 2 - Silicon wafer production decreased significantly in December, with a total output of 47.7 GW, down 14.2% from November, leading to reduced inventory levels [2] - The operating rates of major silicon wafer manufacturers are stable, with two leading companies operating at 50% and 48%, while integrated companies operate between 50%-70% [2] - Despite the strong pricing intentions from silicon wafer manufacturers, the terminal component prices have not followed the upward trend, and battery cell manufacturers are planning to reduce production to alleviate supply-demand pressure [2]

Group 1: Global Stock Market Performance - The global stock indices in 2025 exhibited a clear "divergent upward" trend, with the South Korean Composite Index leading at 75.6% growth, significantly higher than other markets[4] - The second tier of performance was concentrated in Hong Kong and Northeast Asian markets, including the Hang Seng Index and Nikkei 225, with growth rates ranging from 23.0% to 31.1%[4] - European markets showed moderate performance, while global benchmarks and U.S. tech-related indices remained relatively strong[4] Group 2: Hong Kong Stock Market Insights - The Hong Kong Hang Seng Industry Index displayed a "strong structure, weak diffusion" characteristic, with materials leading at 161.3% growth, while defensive sectors like utilities and telecommunications lagged[6] - In 2025, the Hong Kong IPO market welcomed 117 new listings, raising approximately HKD 285.7 billion, with notable first-day performance from Nobikang (2635.HK) at 363.75%[9] - The largest fundraising project was CATL (3750.HK), which raised around HKD 41 billion, while 685 companies announced additional share placements, expected to raise about HKD 361.8 billion, mainly in TMT and financial sectors[9] Group 3: U.S. Economic Overview - In Q3 2025, the U.S. GDP growth rate was 4.3%, exceeding expectations of 3.3%, driven by resilient private consumption and improved net exports[10] - Personal consumption expenditures contributed 2.4 percentage points to GDP growth, indicating strong consumer resilience despite tariff impacts[10] - Market expectations for interest rate cuts have shifted to April and July 2026, with anticipated reductions of 25 basis points each[10] Group 4: Chinese Economic Trends - Industrial profits in China showed a slight year-on-year increase of 0.1% from January to November 2025, with notable growth in high-tech manufacturing sectors[11] - The solar and semiconductor industries are experiencing a new wave of growth, supported by policy adjustments and rising prices in key materials[11] - The government initiated a venture capital fund of HKD 100 billion to stimulate investment in high-tech sectors, including AI and quantum technology[11]

供应收缩、需求回暖及成本攀升共同推动硅片价格延续上涨态势。首先，各硅片企业持续执行减产降负 计划，预计12月产量较11月下降约5%，同时多数企业控制销售节奏，惜售情绪明显增强，低价抛售现 象已基本消失；其次，银价大幅上涨推动下游电池片价格持续上行，电池企业对硅片价格涨幅的接受度 提升，采购高价订单量相应增加。 此外，本周多晶硅价格率先上涨，成交价较上周上调每公斤1-2元，硅片成本增加0.05元/片，对硅片提 价形成一定正向支撑。210R硅片本周涨幅高达9.17%，成为领涨品种，主要原因包括：一方面，前期 210R价格跌幅较大，本次上涨属于超跌修复；另一方面，下游头部电池企业对该型号采购需求显著增 加。 尽管硅片价格本周上涨，但整体成交规模仍较为有限，主要因终端需求尚未明显恢复，组件采购仍持谨 慎策略，市场上下游博弈氛围浓厚。目前，硅片企业普遍采取减产稳价策略。 智通财经APP获悉，据安泰科统计，本周硅片价格涨幅明显，行业整体开工率暂维持稳定，两家一线企 业开工率分别为50%和48%，一体化企业开工率介于50%至70%，其余企业则维持在50%至72%之间。若 后续产业链价格传导顺畅，预计月底前硅片市场有望延续向 ...

2025.12. 26 本文字数：1315，阅读时长大约3分钟 中国有色金属工业协会硅业分会25日发布的市场数据显示，过去一周，N型G10L单晶硅片 （ 182*183.75mm/130μm ） 成交均价在1.2元/片，环比上周上涨2.56%；N型G12R单晶硅片 （ 182*210mm/130μm ） 成交均价在1.31元/片，环比上周上涨9.17%；N型G12单晶硅片 （ 210*210mm/130μm ） 成交均价在1.52元/片，环比上周上涨1.33%。 据Infolink Consulting分析，行业自律议题的持续发酵带动硅片厂报价整体上抬。"除情绪面因素 外，近期银浆价格持续走高，迫使电池环节价格延续上行趋势，间接提升了硅片新报价的合理性。" 对于这轮涨价行情的持续性，Infolink Consulting认为，当前多数硅片企业的观察重点仍集中于上 游硅料的价格是否如期上调，在新一轮硅片报价还没有全面放量成交的背景下，后续的价格走势仍有 待进一步观察。 随着银价年内涨超140%，银浆已超越硅料，成为光伏组件的最大成本项。以2025年12月产业链成 交价格测算，据国金证券分析师姚遥报告数据，目前光 ...

尽管硅片价格本周上涨，但整体成交规模仍较为有限，主要因终端需求尚未明显恢复，组件 采购仍持谨慎策略，市场上下游博弈氛围浓厚。目前，硅片企业普遍采取减产稳价策略。根据调 研，本周行业整体开工率暂维持稳定，两家一线企业开工率分别为50%和48%，一体化企业开 工率介于50%至70%，其余企业则维持在50%至72%之间。若后续产业链价格传导顺畅，预计 月底前硅片市场有望延续向好走势。 据安泰科统计，本周硅片价格涨幅明显。其中，N型G10L单晶硅片 (182*183.75mm/130μm)成交均价在1.2元/片，环比上周上涨2.56%；N型G12R单晶硅片 (182*210mm/130μm)成交均价在1.31元/片，环比上周上涨9.17%；N型G12单晶硅片 (210*210 mm/130μm)成交均价在1.52元/片，环比上周上涨1.33%。据调研了解，本周下游 电池价格较上周大幅上涨，组件价格较上周持稳运行，其中电池片主流价格0.31-0.33元/W， 环比上周上涨10.3%，组件主流价格0.66-0.68元/W，环比上周持平。 供应收缩、需求回暖及成本攀升共同推动硅片价格延续上涨态势。首先，各硅片企业持续执 行 ...

2025.12.26 本文字数：1315，阅读时长大约3分钟 作者 |第一财经 陆如意 12月26日，A股光伏板块盘中一度大涨近3%，截至记者发稿，阳光电源（300274.SZ）、捷佳伟创 （300724.SZ）、钧达股份（002865.SZ）、协鑫集成（002506.SZ）、隆基绿能（601012.SH）等个股领 涨。 从市场基本面来看，第一财经记者注意到，随着上游硅料去产能的持续推进及银浆价格的走高，光伏产 业链价格的提振有向下游传导的趋势，本周多家硅片企业上调报价。 据行业机构Infolink Consulting消息，由于硅片企业挺价意愿较为强烈，过去一周的硅片价格明显走强， 下游组件企业亦普遍响应行业自律行为。 中国有色金属工业协会硅业分会25日发布的市场数据显示，过去一周，N型G10L单晶硅片 （182*183.75mm/130μm）成交均价在1.2元/片，环比上周上涨2.56%；N型G12R单晶硅片 （182*210mm/130μm）成交均价在1.31元/片，环比上周上涨9.17%；N型G12单晶硅片 （210*210mm/130μm）成交均价在1.52元/片，环比上周上涨1.33%。 据Inf ...

| 代码 | 名称 | ● | 涨幅% ↓ | 总市值 | 年初至今涨幅%。 | | --- | --- | --- | --- | --- | --- | | 002129 | TCL中环 | t | 4.56 | 361亿 | 0.79 | | 603398 | *ST沐邦 | 演 | 3.46 | 36.34亿 | -63.58 | | 600438 | 通威股份 | 1 | 2.76 | 989亿 | -0.63 | | 688303 | 大全能源 | 1 | 2.74 | 612亿 | 18.23 | | 300345 | 英国股份 | 资 | 2.69 | 37.71亿 | 15.25 | | 603185 | 弘元绿能 | | 2.04 | 218亿 | 96.55 | | 600481 | 双良节能 | 1 | 1.73 | 110亿 | 6.91 | 股票频道更多独家策划、专家专栏，免费查阅>> 此外，据中国有色金属工业协会硅业分会消息，本周硅片价格涨幅明显。其中，N型G10L单晶硅片 (182*183.75mm/130μm)成交均价在1.2元/片，环比上周上涨2.56%；N型G12R单晶硅 ...

智通财经APP获悉，据安泰科统计，本周硅片价格涨幅明显。其中，N型G10L单晶硅片 (182*183.75mm/130μm)成交均价在1.2元/片，环比上周上涨2.56%；N型G12R单晶硅片(182*210mm/130μm) 成交均价在1.31元/片，环比上周上涨9.17%；N型G12单晶硅片(210*210 mm/130μm)成交均价在1.52元/片， 环比上周上涨1.33%。据调研了解，本周下游电池价格较上周大幅上涨，组件价格较上周持稳运行，其中 电池片主流价格0.31-0.33元/W，环比上周上涨10.3%，组件主流价格0.66-0.68元/W，环比上周持平。 硅业分会指出，本周硅片企业挺价推涨意愿较为强烈，导致硅片价格大幅上涨，具体来看，供应端：各个 硅片企业延续大幅减产计划，同时多数厂商捂盘惜售，低价出售现象暂无。需求端：下游电池厂采购订单 增加，对高价硅片容忍程度增加。成本端：多晶硅价继续上涨，对硅片形成一定的成本支撑。供应减少， 需求回暖，成本增加，这一系列因素导致本周硅片价格延续上行态势。210R硅片本周涨幅较大，主要是因 为下游头部电池厂商采购订单需求增加较为明显。虽然本周硅片价格上涨，但 ...

Core Viewpoint - The silicon wafer prices have shown a slight increase this week, driven by various factors including stable raw material costs, rising demand for battery cells, and reduced production rates among manufacturers [1][2]. Price Trends - N-type G10L silicon wafer average price is 1.17 yuan per piece, up 0.86% week-on-week - N-type G12R silicon wafer average price is 1.20 yuan per piece, up 0.84% week-on-week - N-type G12 silicon wafer average price is 1.50 yuan per piece, up 0.67% week-on-week - Mainstream battery cell prices are between 0.28-0.30 yuan/W, up 7.1% week-on-week, while module prices remain stable at 0.66-0.68 yuan/W [1][3]. Market Influences - Cost support from stable polysilicon prices has positively impacted wafer manufacturers - Rising silver prices for battery cells have led to an increase in battery cell prices, creating upward price expectations for silicon wafers - A decrease in production rates among silicon wafer manufacturers has contributed to a more positive market sentiment [2]. Production Rates - Overall industry operating rates have decreased by 5% week-on-week - Major manufacturers are operating at 50% and 48% capacity, while integrated companies are operating between 50%-70% - Other manufacturers are operating at 50%-72% capacity [2]. Future Outlook - Many silicon wafer companies plan to raise prices for the next round of silicon wafers, with some choosing to pause shipments to observe future price trends - The price trajectory of silicon wafers will largely depend on the recovery of end-user demand, with expectations for stable operations in the short term despite general downstream demand [2].