The production period of head silicon material company is coming one after another. According to the statistics of China Securities Journal, since November, China's silicon material production capacity has increased by more than 100000 tons. After Longi Green Energy Technology Co.Ltd(601012) and Tianjin Zhonghuan Semiconductor Co.Ltd(002129) two silicon chip leaders successively lowered their quotations, the price of silicon material also decreased. Analysts said that the supply has increased significantly, the expectation of silicon material price reduction is gradually increasing, and the game of the industrial chain has entered an inflection point.
the new capacity exceeds 100000 tons
The production period of head silicon material company is coming one after another.
On November 2, Tongwei Co.Ltd(600438) announced that Yongxiang new energy held an oath meeting for commissioning and start-up of phase II 51000 ton high-purity crystalline silicon project, which marked that the project has fully entered the production and operation stage.
On November 10, poly GCL energy's new capacity of 20000 tons of granular silicon was put into operation, superimposing the silicon material capacity to be put into operation before the end of Tongwei Co.Ltd(600438) . The organization expects that after 2022, the current situation of silicon material shortage in the photovoltaic industry will be alleviated, and the price is expected to usher in an inflection point.
On December 6, Xinjiang Daqo New Energy Co.Ltd(688303) announced that the main production facilities of the company's 35000 T / a polycrystalline silicon project have been ready for operation and will be put into operation on December 6, 2021. After the project is put into operation, the company's silicon material design capacity will reach 105000 tons / year.
Guotai Junan Securities Co.Ltd(601211) it is expected that 25% to 30% of silicon material capacity will be added from the fourth quarter of 2021 to the first quarter of 2022, laying a foundation for the high growth of photovoltaic installed capacity in 2022.
prices continued to decline
Recently, the price of silicon material has fallen. On December 8, according to the latest data of silicon industry branch, the transaction prices of single crystal re feeding, single crystal compact and single crystal cauliflower decreased by 3.75%, 3.6% and 3.41% respectively compared with last week.
On November 30, Longi Green Energy Technology Co.Ltd(601012) released the latest price of silicon wafers. The price of silicon wafers of all sizes decreased by 0.14 yuan / piece to 0.67 yuan / piece, a decrease of 7.2% to 9.8%. On the evening of December 2, Tianjin Zhonghuan Semiconductor Co.Ltd(002129) official wechat updated the quotation of silicon wafers. The price of silicon wafers of all sizes decreased from 0.52 yuan / piece to 0.72 yuan / piece, a decrease of 6.04% to 12.48%.
Orient Securities Company Limited(600958) pointed out that the price of silicon chip is reduced, and the terminal demand is expected to be activated. Previously, the continuous rise in the price of the industrial chain not only put great pressure on the centralized photovoltaic installation, but also had a certain impact on the Distributed installation. The photovoltaic installation in the third quarter was less than expected. The industry chain price adjustment sends a positive signal, the photovoltaic industry chain game is expected to enter the next stage, the silicon price is expected to loosen, and it is expected to effectively activate the grid connection demand in the fourth quarter.
Citic Securities Company Limited(600030) believes that the market's expectation of silicon material price reduction is gradually increasing, the pressure on photovoltaic supply chain is expected to be steadily relieved next year, and the price of industrial chain is expected to decline. Citic Securities Company Limited(600030) it is expected that the photovoltaic industry will return to the main road of cost reduction and efficiency increase, and the industry demand is expected to accelerate growth.
(China Securities Journal)
