The price increase in the photovoltaic industry chain triggered by the imbalance between polysilicon supply and demand has evolved into the biggest "black swan" event in 2020.
PVInfoLink's latest price statistics show that the price of polysilicon rose again last week. The highest price of monocrystalline silicon material was 96 yuan/kg, the lowest price was 93 yuan/kg, and the average price was 94 yuan/kg. This price has returned to 2018. Prices at the end of June. The average price of polysilicon materials is 67 yuan/kg, which has returned to March 2019 prices.
Regarding the late price trend of polysilicon, the silicon industry branch analyzed that although domestic polysilicon supply is expected to increase in September, the production capacity including Xinjiang and Sichuan has not fully recovered to normal full production release, which is still higher than the output in April. There is a difference of about 4000-5000 tons, so the overall silicon material market will continue to be in short supply in September, and prices will still remain stable or slightly up.
However, as the polysilicon "heavy land" Xinjiang epidemic has been brought under control and production and life have moved into normal order, large local polysilicon factories will gradually return to normal full production levels except for maintenance and accident handling, so as to alleviate supply conflicts. Sichuan Tongwei shares, the latest news shows that the production time of the inundated Leshan old factory is expected to affect the time of 2 months, according to time projections will resume production in late October. In addition, some downstream silicon wafer companies have entered the maintenance stage, and the price increase of silicon materials in the later stage is limited under the game.
As the price of polysilicon stabilized, silicon wafers and solar cells stepped on the "sudden brake". In September, the leading companies Longji and Tongwei monocrystalline silicon wafers and monocrystalline PERC cell quotations were flat. In August, the market quotations also entered a stable period. From the third week of August to this week, the price of silicon wafers remained unchanged. The price of the film fell slightly, and the latter change was related to the reduction of external procurement by downstream component manufacturers.
The component link is still deeply affected by the rising prices of upstream raw materials and accessories, and the prices rose slightly, returning to prices in May this year, but the upward trend has slowed down.
Last week, the price of photovoltaic glass rose sharply by 11%, and the price per square meter rose from 27 yuan to 30 yuan. It is reported that the prices of raw glass and other raw materials have risen sharply and continue to rise. On the demand side, as the market share of double glass modules increases, the demand for glass is growing rapidly. Under the contradiction between supply and demand, the price of photovoltaic glass continues to rise with sufficient momentum. In the 2020 photovoltaic module bidding for the seven central enterprises of SPIC, Datang, Huaneng, China General Nuclear Power, Huadian, Three Gorges New Energy, and China Nuclear Power, the demand for double-sided modules accounted for "half of the country."
In fact, not only photovoltaic glass, EVA prices are still rising, continuing to increase the cost of photovoltaic modules. First-line photovoltaic module manufacturers learned that the current module cost line has risen to 1.6~1.7 yuan/W, but compared with the same period last year, module prices still show a decline.
Of course, it is not just component vendors who are in a dilemma, but power plant investors are also suffering from price increases. According to some developers, project development had to be suspended due to price increases. Nowadays, the price of the photovoltaic industry chain will return to normal as soon as possible.
Source: Chemical Network
