monocrystalline silicon

     This week, the market price’s turnover was relatively large, and tire 1 and 2 companies were strongly incentivized to keep their prices. The prices of small orders or orders for external slice fell below the lowest price. The average transaction price of M10 monocrystalline silicon (182mm/150μm) dropped to 2.39 yuan/piece, a weekly decline of 5.91%; the average transaction price of N-type monocrystalline silicon(182mm/130μm) dropped to 2.50 yuan/piece, a weekly decline of 3.47%; the average transaction price of G12 monocrystalline silicon (210mm/150 μm) dropped to 3.35 yuan/piece, a weekly decline of 3.46%.        On the supply side, output in October dropped significantly year-on-year. As of this week, monocrystalline silicon enterprises have basically completed a round of load reduction and inventory clearance. The overall operating rate of specialized enterprises is close to 60%, and the inventory accumulated for about half a month in the early stage has basically dropped to the normal turnover range. The transaction prices of raw materials have been adjusted significantly this week. Although differences still exist, some orders have been completed, and silicon companies are preparing for the next round of production increases. Overall, in the downward market trend, the consumption of integrated enterprises in this round of adjustments are still close to full production, and the remaining integrated enterprises also maintain an operating rate of more than 80%.        On the demand side, the price of silicon continue to decline, and module’s prices tend to be concentrated. On the silicon side, the transaction price of M10 monocrystalline PERC cells dropped to 0.48 yuan/W. It is understood that silicon companies have not significantly reduced their operating loads recently. In terms of the characteristics of the silicon segment itself, it does not have the characteristics of flexibly adjusting the operating rate. so this round for the head of the enterprise on the subsequent trend of wait-and-see attitude. On the moduleside, module with M10 single-sided monocrystalline PERC have dropped to 1.08 yuan/W. At present, domestic terminal demand is relatively stable, and the risk of overseas instability is relatively high.        This week, the operating rates of two tire 1 companies remained at 90% and 80%. The operating rate of integrated enterprises remains between 80% and 100%, and the operating rate of other enterprises remains between 50% and 70%. According to statistics from the Silicon Industry Branch, domestic silicon production decreased to 52.34GW in October, a monthly decrease of 14.11%, of which monocrystalline silicon production decreased to 52.14GW, while polycrystalline silicon production remained at 0.2GW. Silicon output is expected to return to between 53GW and 55GW in November.