Highest Increase 2.27%! Silicon Price Rises

Highest Increase 2.27%! Silicon Price Rises

The overall price of n-type rod silicon remained stable this week, with the transaction range being 71,000-73,000 yuan/ton, and the average transaction price being 72,100 yuan/ton, up 0.14% month-on-month. The price of single crystal dense materials increased, with the transaction range being 69,000-64,000 yuan/ton, and the average transaction price being 60,700 yuan/ton, up 2.36% month-on-month. The transaction price range of n-type granular silicon is 60,000-64,000 yuan/ton, and the average transaction price is 61,000 yuan/ton, which is the same as the previous month. Currently, a new round of contract signing is about to enter, and most silicon companies are still negotiating orders. Although there has been an increase in new contract signings, the transaction volume is generally small. This week, there were 5 companies transacting n-type silicon materials and 6 companies transacting p-type silicon materials.

At present, the price of n-type silicon material is at a high level, and the price of p-type silicon material shows signs of rising. The reasons for the price changes of p-type silicon materials are as follows: On the one hand, due to the relative shortage of downstream p-type silicon wafer products and the price overtaking n-type, the demand for high-quality p-type silicon material products has rebounded slightly in the short term. The price of the company's p-type high-quality products has increased significantly, and some transactions of 65,000-66,000 yuan/ton have appeared on the market. On the other hand, when the price of n-type silicon wafers is as low as about 2 yuan/piece, the current price of n-type silicon materials has caused certain cost pressure on downstream companies. Choosing to purchase some high-quality p-type materials can offset the high price of n-type. It is more conducive to controlling production costs.

As of this week, there are a total of 17 domestic polysilicon manufacturers. There are no new production shutdowns and maintenance plans this week. Recently, new production capacity has been built normally and there are no delays. However, some companies are affected by extreme weather and will experience a slight reduction in production. Polysilicon production is expected to be approximately 170,000 tons in February 2024, the same as last month. The electricity price in Sichuan, one of the main production areas of polysilicon, has been adjusted to above 0.5 yuan, which has brought great cost pressure and has played a certain supporting role in the price of silicon materials. It is expected that the price of polysilicon will remain stable in the short term. However, there is still a large amount of inventory on the silicon wafer side that has not been released, and there is a risk that inventory pressure will shift upstream of the industry chain.