Prices of upstream photovoltaic industry chain fell amid inventory pressure

SHANGHAI, Mar 20 (SMM) -

Silica

Price: The price of silica is mainly stable. Some silicon companies in the Nujiang region of Yunnan have resumed production and the demand for silica procurement has increased slightly. However, some silicon companies in Baoshan, Yunnan have recently shut down their furnaces for maintenance. The overall demand for silica has basically remained flat. At present, domestic demand for silica is still contributed by silicon companies in the north-west. The ex-mine price of low-grade silica in Yunnan is 350-370 yuan/ton. At present, the ex-mine price of high-grade silica in Inner Mongolia is 400-420 yuan/ton with the average down 5 yuan/ton. The ex-mine price of high-grade silica in Hubei is 420-480 yuan/ton. The ex-mine price of high-grade silica in Guizhou is 300-340 yuan/ton.

Output: The supply of silica is normal, and shipments are scheduled according to orders. Recently, the silica for self-use by major downstream factories in Xinjiang has been slowly increasing.

Inventory: Some silicon plants in the Nujiang area of Yunnan have resumed production, and the purchase of silica raw materials has increased slightly. However, as some silicon companies in the Baoshan area shut down their furnaces, the overall demand did not rise significantly.

Industrial silicon metal

Price: Yesterday, price of above-standard 553# silicon in East China was at 14,100-14,400 yuan/ton, and 421# silicon was at 14,700-15,000 yuan/ton. This week, the spot price of industrial silicon has accelerated its decline. Panic over price drops has spread in the market, and downstream users have a strong wait-and-see mood. Industrial silicon prices have been weak.

Output: On the supply side, during the week, some furnaces of silicon companies in Nujiang resumed production, and some industrial silicon production capacity in Baoshan underwent temporary maintenance. The overall operating rate fluctuated limited, and the production of northern silicon companies basically remained stable.

Inventory: According to SMM statistics, the national social inventory of industrial silicon totaled 363,000 tons on March 15, a growth of 4,000 tons from the previous week. The inventory of general public warehouses was 105,000 tons, a growth of 2,000 tons from a week earlier, and the inventory of public delivery warehouses was 258,000 tons (including the part that has not been registered as warehouse receipts), an increase of 2,000 tons.

Silicone

Price

DMC: The current price is 15800-16400 yuan/ton, and the price is stable this week.

D4: The current quotation is 15800-16700 yuan/ton, and the price is stable this week.

107 silicone rubber:The current quotation is 16200-16600 yuan/ton, and the price is stable this week.

Methyl vinyl silicone rubber:The current quotation is 17800 yuan/ton to 18600 yuan/ton, and the price is stable this week.

Silicone oil: The current price is 17700 yuan/ton to 19000 yuan/ton, and the price is stable this week.

Output: As of now, one DMC enterprise in Jiangsu is undergoing repairs. In addition, there are enterprises in Shandong, Hubei, and Jiangxi that are not operating at capacity. The industry's operating rate has dropped from last week. According to SMM statistics, the weekly output of silicone on March 15 was 47,300 tons, and is expected to drop to around 34,000 tons this week.

Inventory: In terms of inventory, this week showed a trend of accumulation. As we enter the end of the peak season, domestic downstream enterprises have basically completed their inventory preparation. There are few transactions in the current market and inventory is increasing slightly.

Polysilicon

Price

Polysilicon: The mainstream prices of recharging polysilicon and dense polysilicon were 56-63 yuan/kg and 53-60 yuan/kg respectively yesterday. N-type products prices are expected to fall amid inventory pressure.

Production

The current polysilicon production schedule remains normal, and a new production capacity will be officially released this month. As profits are still there, the April production schedule is expected to continue to increase, and the March production schedule will reach about 170,000 tons.

Inventory

At present, the inventory of polysilicon continues to increase, and N-type materials are also overstocked due to the increase in the proportion of cauliflower materials purchased by downstream buyers.

Silicon wafer

Price

The mainstream average traded price of monocrystalline silicon wafer M10 and G12 stood at 1.9-2 yuan/piece and 2.65-2.8 yuan/piece respectively. N-type 182 silicon wafer price dropped to 1.8-1.9 yuan/piece

Production

At present, silicon wafer production has been reduced by some second-tier companies, mainly due to cost and inventory pressures. SMM predicts that silicon wafer production schedules will continue to decrease slightly in April.

Inventory

At present, silicon wafer inventory continues to accumulate, and the overall inventory has reached about half a month. Silicon wafer factories are under great pressure.

High-purity quartz sand

Price

Recently, the price of high-purity quartz sand middle layer sand was stable. The domestic price of inner layer sand is 390,000-440,000 yuan/ton, the price of middle layer sand is 150,000-200,000 yuan/ton, and the price of outer layer sand is 50,000-120,000 yuan/ton.

Production

Recently, the output of domestic inner sand has basically remained stable. With the inflow of new products, the middle sand in domestic spot circulation has begun to increase. According to incomplete statistics from SMM, the new output increase alone has reached nearly 3,000 tons/month, and the supply increase has been relatively large.

Inventory

In terms of inventory, due to the low willingness to accept the current high price of domestic sand, the current price has not yet been adjusted. Domestic sand inventory continues to accumulate.