Photovoltaic upstream and downstream sectors diverge, polysilicon prices rise steadily

SHANGHAI, Jan 31 (SMM) -
Silica
Silica prices were stable.
As the Chinese New Year holidays approaches, some downstream silicon companies shut downs for maintenance, and the total operating rates is declining. The demand for silica used in production has dropped slightly.
At present, the ex-mine price of high-grade silica in Inner Mongolia is 400-430 yuan/ton.
The ex-mine price of high-grade silica in Hubei is 420-480 yuan/ton.
The ex-mine price of low-grade silica in Yunnan is 350~370 yuan/ton.
Supply: Silica supply is tight due to tighter transportation conditions, but downstream demand continues to be weak before the holiday. In addition, most silicon companies have prepared raw material inventories for the Chinese New Year holidays. There is no obvious gap in overall supply.
Demand: The demand for silica remains weak. Some silicon companies have recently shut down their furnaces for maintenance, and the overall demand still fell.
Industrial silicon metal
Price: SMM prices of aluminium fluoride were 9,500# The silicon15000 yuan/mt, and those of cryolite stood at 7,20015250 yuan/mt.
The quotations of a small number of northern silicon companies during the week were slightly lower than last week. Downstream users have basically finished stocking up and are mainly focusing on digesting inventory. Export traders had a small number of inquiries and market transactions are scarce. The mainstream silicon spot price is weak and stable.
Supply and demand: The operating rate of silicon companies remains strong in the north and weak in the south, and the recent changes in the operating rate are limited.
The operating rates of silicone and polysilicon are also basically stable, while the operating rates of aluminum alloys are weakening.
Inventory: According to SMM statistics, the national social inventory of industrial silicon totaled 352,000 tons on January 26, a decrease of 3,000 tons from last week.
Inventories at regular social warehouses were 109,000 tons, a week-on-week decrease of 5,000 tons, and inventories at delivery warehouses were 243,000 tons (including those not registered as warehouse receipts), a week-on-week increase of 2,000 tons.
Export: Customs data shows that China’s silicon metal exports in December 2023 were 51,600 tons, an increase of 8% month-on-month and 7% year-on-year. The cumulative export volume of silicon metal from January to December 2023 was 573,000 tons, a year-on-year decrease of 12%. Import: Customs data shows that China’s silicon metal imports in December 2023 were 1,300 tons, a year-on-year increase of 70%. The cumulative import volume of silicon metal from January to December 2023 was 6,500 tons, a year-on-year decrease of 78%.
Silicone
Price
DMC: The current quotation is 15,000 yuan/ton to 15,600 yuan/ton, and the price is stable this week.
D4: The current quotation is 14,800 yuan/ton to 15,900 yuan/ton, and the price is stable this week.
107 silicone rubber:The current quotation is 15,100 yuan/ton to 15,800 yuan/ton, and the price is stable this week.
Methyl vinyl silicone rubber:The current quotation is 15,800 yuan/ton to 16,800 yuan/ton, and the price is stable this week.
Silicone oil: The current price is 15,300 yuan/ton to 16,500 yuan/ton, and the price is stable this week.
Supply and Demand
On the supply side, there is currently a single enterprise in Inner Mongolia and Zhejiang that is parking, and the supply side has decreased slightly.
On the demand side, stocking up before the year has ended, and downstream companies are on vacation one after another, so purchasing volume has shrunk. During the Chinese New Year holidays holiday, individual companies are producing normally, and output is mainly delivered to downstream pre-received orders.
Polysilicon
Price
Polysilicon: The mainstream prices of recharging polysilicon and dense polysilicon were 60-63 yuan/kg and 56-60 yuan/kg respectively.
Polysilicon prices stayed stable this week.
Supply and Demand
Compared with last Wednesday, the market has officially entered the signing cycle in the past week. The official signing price has increased. The current mainstream signing price in the market is 72 yuan/kg.
Polysilicon prices have stabilized and increased. Currently, downstream operating rates continue to decline, and the upstream and downstream photovoltaic sectors are diverging.
Silicon wafer
Price
Silicon wafer: The mainstream average traded price of monocrystalline silicon wafer M10 and G12 stood at 2.03 yuan/piece and 2.98 yuan/piece respectively.
Supply and Demand
The price of silicon wafers has been stable this week, but there is still a certain inventory pressure on silicon wafers. Some companies still reduced inventories amid high silicon wafer inventory.
At present, downstream operating rates have dropped sharply in February, which will have a negative impact on silicon wafer prices.
High-purity quartz sand
Price
Recently, the price of high-purity quartz sand middle layer sand has dropped slightly. The domestic price of inner layer sand is 390,000-440,000 yuan/ton, the price of middle layer sand is 180,000-210,000 yuan/ton, and the price of outer layer sand is 50,000-120,000 yuan/ton. .
Supply and Demand
The market has been relatively stable this week, with demand from crucible companies remaining weak. Traded prices have further shifted downwards. Prices are still expected to fall further.