8.17 Polysilicon weekly review: The power supply imposed by the pandemic is under pressure again
2022-08-18
This week, the price range of single crystal re-feeding in China was 300,000-310,000 yuan/ton, and the average transaction price was 305,300 yuan/ton, up 0.36% week on week; The price range of single crystal compact material is 298-308,000 yuan/ton, and the average transaction price is 303,200 yuan/ton, with a weekly month-on-month increase of 0.33%.
This week the domestic polysilicon price continued to rise slightly, including single crystal compound feed, single crystal dense material, single crystal cauliflower material transaction average price increase are about 0.3%. Silicon material market clinch a deal this week and last week, due to the silicon material industry is already finished basic sign orders will be in early in the month, at the end of the concentrated before signing the long single next month, mostly by executive order, sign, and a small amount of scattered single super is given priority to, this week is no exception, a small amount of scattered single clinch a deal, price range is concentrated in the 30.5-310000 yuan/ton. This week, the price continued to rise slightly. On the one hand, because most silicon enterprises have no order surplus and the negative inventory status continues, the shortage of silicon materials is still not reduced. Sichuan province on August 15, on the other hand, the release of expanding the scope of the industrial enterprises make electricity in the people's urgent notice, request industrial enterprise production time from August 15-20, local industrial silicon, polycrystalline silicon, monocrystalline silicon production enterprise expectations slashed brownouts to affect output, including polysilicon production enterprises from production to return to work from the load down to full capacity, The time to affect the output will last at least 10-15 days. Compared with the silicon demand reduced by silicon chip load reduction, the impact of silicon supply is slightly larger, so the current situation of supply and demand market continues to support the silicon price to maintain the current trend.
As OF THIS WEEK, THERE ARE 14 domestic polysilicon production enterprises, and a total of 5 enterprises are still in the state of maintenance, of which one enterprise has gradually restored the production line, and another 3 enterprises will gradually end the maintenance at the end of the month. Leshan GCL and Yongxiang's Leshan plants, two of the polysilicon makers affected by the Sichuan power cuts this week, are gradually implementing the suspension and reduction requirements. Due to the outbreak of the epidemic this week, polysilicon enterprises whose logistics and transportation are slightly affected are concentrated in Xinjiang. All enterprises are shipping normally, but the logistics transportation vehicles and transportation time guarantee are affected to varying degrees. Around August by sichuan power brownouts, unexpected events, such as epidemic, on the one hand, the domestic silicon material supply will be significantly lower than expected, preliminary estimate domestic polysilicon production will be lower than expected 8% in August, the transport slightly up on the other hand, silicon material in transit time stretched, and considering the partial silicon material enterprises order has super sign to September, led to increasing demand degree in August at the same time, The adjustment of market supply and demand in all links of the industrial chain will also be delayed in September. Therefore, it is expected that the short - term silicon market will continue to maintain the current running trend of a small rise.
