The photovoltaic rush for installation in the fourth quarter triggered a slightly tight supply and the price of silicon material rose six times in a row.

The photovoltaic rush is just around the corner in the fourth quarter, and the supply chain game is becoming more and more tense. On Sept. 15, the Silicon Industry Branch released the latest price of polysilicon, which has risen for the sixth time since a slight correction in mid-August.

Lu Jinbiao, deputy director of the expert committee of the China Nonferrous Metal Silicon Industry Association, told the Financial Associated Press that the continuous rise in silicon prices was mainly due to a slight shortage of supply caused by rush to install in the fourth quarter. Data show that the increase in silicon material this week is limited, the domestic single crystal re-feeding price range is 20.6-219000 yuan / ton, the average transaction price rose slightly to 213800 yuan / ton, a week-on-month increase of 0.71%; single crystal compact material price range of 20.4-217000 yuan / ton, the average transaction price rose to 211500 yuan / ton, a week-on-month increase of 0.62%.

At present, the silicon material is still in a relatively tight equilibrium state. Lu Jinbiao said that the price of silicon does not fluctuate much, the production operation of the major silicon factories is stable, and the monthly supply has continued to grow since the second half of the year. At present, it has exceeded 43000 tons per month, coupled with 53000 tons of imports, to meet the material demand of nearly 18 gigawatts.

In addition to silicon, other links of the photovoltaic industry chain also adjust prices frequently. On Sept. 14, Longji raised the price of single crystal silicon wafers by about 5% Magi G1 (158.75mm) offer 5.24 yuan per chip, up 0.25 yuan per chip from last month, M6 (166mm) quoted 5.34 yuan per chip, up 0.25 yuan per chip from last month, and M10 (182mm) quoted 6.41 yuan per chip, up 0.3 yuan per chip compared with the previous month. The price of large-size silicon wafer M10 was 3.9 yuan per chip at the beginning of this year, with an increase of more than 60% this year.

Although the price increase is expected, but for the middle and lower reaches where costs continue to be pulled up, it also shows that the game cycle is still continuing. In the first half of the year, although the total installed capacity increased compared with the same period last year, the new installed scale of centralized photovoltaic decreased by 24.2% year on year. Industry analysts believe that the price fluctuations of the industrial chain and the strong wait-and-see mood of domestic installation is an important reason for the decline in installation.

It is worth noting that on September 14, the National Energy Group procurement bid opening formula, the highest quotation reached 1.942 yuan / watt. The price of components has gone up all the way, which aggravates the suspense of whether the newly installed photovoltaic equipment in China can achieve 50GW expectations.

Industry analysts believe that during the year, the silicon material basically maintained in the range of more than 200000 yuan, the increase space is limited, but it will not fall.

According to the new capacity statistics, the shortage of polysilicon supply is expected to ease in 2022. Before the new capacity falls to the ground, the market price of silicon will continue to rise.