1. Polysilicon continues to decline, and the cost of old production capacity is under great pressure
According to the latest data from the Silicon Industry Branch, the average transaction price of p-type monocrystalline dense material is about 5950,000 tons, down 116%。At the same time, the average transaction price of n-type polysilicon was about 6.%.80,000 tons, down 029%。These changes indicate that the polysilicon market has recently experienced a certain degree of volatility.
At present, due to the pressure on the profitability of the downstream wafer segment, the production cost of p-type polysilicon is under great pressure. In order to cope with this situation, some old production lines may face the fate of suspension or technical transformation. In addition, the new capacity that will be launched will also be more cautious. These trends indicate that the polysilicon market is undergoing some structural changes.
In the long term, the development of the photovoltaic industry will continue to drive demand growth in the polysilicon market. However, in the short term, changes in the market supply and demand and increasing cost pressures may have a certain impact on polysilicon**. For polysilicon companies, in the face of the current market environment, they need to adopt flexible strategies to cope with possible fluctuations and overcapacity. Although the polysilicon market has faced some challenges in the near future, the long-term outlook remains positive.
2: [NP spreads are expected to continue to widen, and technology-leading companies have outstanding advantages].
According to the statistics of the Silicon Industry Branch, the current market demand for n-type polysilicon is relatively good, and companies frequently urge orders, and even a small number of urgent and long-term orders have appeared. Due to the limited amount of n-type polysilicon that can be used in the ramp-up process, it is estimated that only about 60,000 tons of n-type polysilicon will actually enter the market, which makes the n-type polysilicon relatively strong.
In the short term, with the advent of the off-season in the PV market in the first quarter of next year, the demand side may be further pressured. However, due to the leading production technology and strong product competitive advantages of n-type polysilicon, these companies are expected to show strong resilience. In addition, over time, the production capacity of n-type polysilicon will be gradually released, which will help to meet market demand.
Overall, while the PV market may face some challenges in the short term, in the long term, the PV industry will remain robust as technology advances and demand grows. This is still an area full of opportunities for companies with technological advantages and market competitiveness.
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Risk Warning: **There is a risk, and you need to be cautious when investing.