The price range of M6 single crystal silicon wafer (166mm/ 155μm) was 5-5. 1 yuan/piece, and the average transaction price dropped to 5.08 yuan/piece, with a week-on-week decrease of 15.2%. The price range of M 10 single crystal silicon wafer (182mm/ 150μm) was 5.38-5.5 yuan/wafer, and the average transaction price dropped to 5.4 1 yuan/wafer, which was 20% lower than that of the previous week. The price range of G 12 single crystal silicon wafer (210 mm150μ m) was 7. 16-7.5 yuan/wafer, and the average transaction price dropped to 7.25 yuan/wafer, with a week-on-week decrease of 18.4%.
The silicon branch said that this week's decline included the price reduction in the previous two weeks, and the fundamental reason was the price reduction of conductive silicon materials. Meanwhile, silicon wafer suppliers are selling their stocks at the end of the year.
Silicon material and silicon wafer are the key links to determine the annual operation of photovoltaic industry, and there is a strong correlation between them The first price reduction of silicon wafer can be used as a direct index to feedback the price reduction of silicon material.
This wave of silicon wafer price reduction began at the end of this year 10. TCL Central launched the first shot of price reduction, followed by Longji Green Energy, which lowered the price of some monocrystalline silicon wafers at the end of 1 10.
Nowadays, the game between silicon materials and silicon wafers has entered the deep water area, and the situation of high inventory of silicon wafers has not been improved, and the price reduction of silicon materials/silicon wafers has been further transmitted downstream.
_ The price reduction tide of silicon wafer factory is transmitted to battery chips and components.
On the supply side, according to the news of the Silicon Industry Branch, first-line enterprises and specialized enterprises have once again reduced the operating rate of silicon wafer production lines due to the wait-and-see attitude of enterprises towards the price reduction of upstream silicon materials and in order to solve the inventory problem caused by oversupply of silicon wafers. This week, the operating rates of two first-tier enterprises dropped to 80% and 85%. The operating rate of integrated enterprises is maintained at 70%-80%, and the operating rate of other enterprises is reduced to 60%-70%.
It is worth noting that silicon wafer factories still have the motivation to curb production capacity. At present, the crystal pulling link has approached the cost line. Once the profit of crystal pulling can't cover the cost of silicon materials, enterprises will passively reduce the operating rate greatly.
On the demand side, the Silicon Industry Branch said that at present, the price of the whole industry chain has decreased and the terminal demand is sluggish.
As for batteries, the transaction price of mainstream batteries dropped to about 1. 15 yuan /W, down 15.4% from the previous month. Because the profit of large-size batteries is relatively rich, enterprises still maintain the operating rate of production; In terms of components, the execution price of forward orders dropped to 1.72- 1.8 yuan /W, down 10.4% from the previous month. At present, it is mainly based on the previous orders.
_ The price reduction will last for a long time, and the installed capacity of ground power stations is expected to usher in high growth.
At present, the price reduction trend of photovoltaic industry chain has been set, and it is difficult to have room for price increase in the short term. Orient securities predicted that the overall price decline of photovoltaic industry chain may last for a long time.
There is a market view that near the grid-connected node of "123 1" photovoltaic power station, combined with last year's experience and considering the upstream cost changes, there is a high probability of centralized rush to install at the end of this year, leaving the actual wait-and-see time for ground power stations limited. It is expected that the installed demand of downstream power stations will increase rapidly.
CITIC Securities also released a research report saying that in the past two years, the price of industrial chain has gone up, and the construction of ground power station projects has been postponed continuously. Looking forward to 2023, the installed capacity of domestic photovoltaic ground power stations is expected to usher in a rapid growth in the case of falling component prices and installed costs caused by falling prices of silicon materials.
The agency further stated that it is recommended to actively pay attention to the pull of installed ground power stations on related industrial chains, specifically:
Double glass module needs the encapsulation of EPE film to drive the value of the film to increase. On the other hand, the increase in the amount of photovoltaic glass required for a single tile makes the growth rate of photovoltaic glass faster than that of the industry.
The ground power station will drive the increase of tracking support demand;
The ground power station will drive the growth of the demand for large inverters, and at the same time, the possible shortage of high-voltage IGBT and the entry barrier of large inverters should be considered.
In addition, some developers bid for N-type components in the tender, which is conducive to expanding the application market scale of N-type products, thus accelerating the industrialization process of N-type battery components.