Many large-quantity orders were signed last weekend. Has the price of polysilicon orders in February really risen? [SMM analysis]

On January 29, SMM understood that as the order signing in the February polysilicon market continued, a domestic polysilicon company signed a large-quantity order for February at the end of last Friday. The actual order price rose to 72 yuan/kg. The actual contract price of polysilicon this month rose.

Multiple crystal pulling factories have also signed orders one after another, and the signing prices have also followed the signing price of a company.

Why did the price of polysilicon rise sharply? According to SMM, there is a shortage of high-quality polysilicons in the market. The proportion of N-type materials in enterprises generally remains at 40%-70%. The inventory of N-type materials, including N-type granular silicon, is at a relatively low level, which supported the price.

In addition, with the Chinese New Year holidays approaching, many downstream companies are facing stocking needs. During the price negotiation process, polysilicon factories had strong negotiation power over pricing, which has also caused the price of polysilicons to rise.

And before that, high-priced retail orders were released in the market for two consecutive weeks, which played a certain positive role in market sentiment.

As of press time, SMM has learned that at least 3-4 crystal pulling factories in the market have completed the signing of some orders. There were still orders signed on the evening of the 28th. So far, the mainstream transaction price this month has basically stabilized at 72 yuan/kg.