Longi Green Energy Technology Co.Ltd(601012) march 21 announced that it planned to purchase 203600 tons of polysilicon from Tongwei Co.Ltd(600438) with an estimated total amount of about 44.2 billion yuan. With the continuous rise of silicon material price, recently Tbea Co.Ltd(600089) , Wuxi Shangji Automation Co.Ltd(603185) and other companies announced the expansion of production, and the investment scale exceeded 10 billion yuan. Industry insiders believe that the silicon material capacity will be gradually released in the second half of the year, and the silicon material price is expected to enter the downward channel at that time.
ten billion investment projects are frequent
Longi Green Energy Technology Co.Ltd(601012) said that the long-term and stable supply of polycrystalline silicon raw materials of the company can be guaranteed by locking the quantity without locking the price, negotiating the price on a monthly basis and purchasing in batches.
On March 15, Tbea Co.Ltd(600089) announced that Xinte energy, a holding subsidiary, plans to invest in a 200000 ton polysilicon project with its wholly-owned subsidiary Xinte silicon-based new materials Co., Ltd. in Zhundong Industrial Park, Changji, Xinjiang, with a total investment of about 17.6 billion yuan. The construction contents mainly include polysilicon production units, supporting chlor alkali units, public engineering facilities, auxiliary production facilities, etc.
At the same time, Jolywood (Suzhou) Sunwatt Co.Ltd(300393) plans to jointly invest in the construction of polysilicon project in Gujiao City, Shanxi Province with Taiyuan municipal government. The total investment of the project is about 14 billion yuan, and the total construction period is about 5 years. It is constructed in two phases. The first phase of the project will be invested and constructed with an annual output of 200000 tons of industrial silicon and 10000 tons of high-purity polysilicon, with an investment of about 4.3 billion yuan, and strive to be completed and put into operation in 2024; The phase II polysilicon project with an annual output of 90000 tons will be promoted according to the market situation Wuxi Shangji Automation Co.Ltd(603185) plans to invest in the construction of 150000 tons of high-purity industrial silicon and 100000 tons of high-purity crystalline silicon projects with a total investment of 11.8 billion yuan. The project is divided into two phases for specific implementation. The design capacity of the first phase is 80000 tons of high-purity industrial silicon project and 50000 tons of high-purity crystalline silicon project, with a total investment of 6 billion yuan.
capacity will be released gradually
According to the data released by the silicon branch of China Nonferrous Metals Industry Association on March 16, the weekly average transaction price of single crystal re feeding rose to 247800 yuan / ton, an increase of 0.49% month on month; The average transaction price of single crystal compact was 245300 yuan / ton, up 0.57% month on month. The price of silicon material has risen for nine consecutive years.
The silicon branch predicted that China’s silicon material supply in April was increased, but it was still lower than expected. Industry insiders pointed out that the downstream silicon wafer enterprises expanded rapidly, while the upstream silicon material link expanded relatively slowly, resulting in a shortage of silicon materials. In the second half of the year, the silicon material production capacity will be released gradually, and the silicon material price will enter the downward channel.
