Polysilicon price
According to the data of silicon industry branch and PV InfoLink, the average transaction price of China’s single crystal compact this week remained at 258700 yuan / ton, and the average price remained stable. Recently, although China’s silicon material enterprises have been affected by the epidemic, the growth rate of production capacity has slowed down, but the increment is being released month by month, but it is still less than the demand increment. Some silicon wafer production capacity with production conditions can not improve the output due to insufficient silicon material, and the current situation of silicon material shortage continues. The total supply of silicon material is expected to be 73000 tons in June (China’s output is 66000 tons + import is 7000 tons), and the supply of silicon material remains in a tight balance. It is expected that the price of silicon material will remain stable and slightly rising until the end of June.
Silicon wafer price
According to PV InfoLink data, the price of mainstream specifications of monocrystalline silicon wafer is mainly maintained for the time being, and the quotation of leading manufacturers is slightly higher than that of other second-line manufacturers. It is expected that the driving force of continuous rise will weaken, and the price will continue to maintain the trend at the end of the month.. Driven by the continuous rise of silicon cost caused by the continuous rise of silicon material price and its own profit demands, the thinning trend of monocrystalline silicon wafer supply continues to accelerate, and the thickness of monocrystalline silicon wafer of most enterprises has been reduced to 155 μ m-160 μ m. Individual enterprises have fully completed 155 μ Product specification switching process of m thickness.
Battery price
According to PV InfoLink data, component manufacturers have continued to reduce their efforts to pull goods recently, and the upward trend of battery prices in the past has faced a bottleneck this week. In the short term, the buyer and the seller will continue to play the game. With the pressure on the battery bearing module end, it is expected that the subsequent price will not rise significantly. At the same time, with the advantage of exchange rate, the overseas bargaining power is better than that of China, and the overseas orders are growing in a small amount. This week, the transaction prices of M6, M10 and G12 fell at the price levels of 1.1-1.15 yuan per watt, 1.17-1.19 yuan per watt and 1.15-1.17 yuan per watt respectively.
Component price
According to PV InfoLink data, component cost pressure is upward, and component prices continued to rise in May. In mid May, the ex factory price of new single centralized projects was 1.9-1.93 yuan, and the bulk price of distributed projects was about 1.93-1.95 yuan per watt. It is expected that the negotiation price of new single will be raised to more than 1.94-1.95 yuan per watt next week.
Investment advice
The average price of silicon material for silicon is stable this week, and the downstream is particularly hot in Europe. The demand is hot in the downstream, especially in Europe. This year’s global PV installed capacity is expected to exceed expectations this year, and the next year ”s global PV installed capacity is expected to exceed expectations. Highlights include the ‘ Shenzhen Ellassay Fashion Co.Ltd(603808) 06 \ , Shanghai Hiuv New Materials Co.Ltd(688680) , Risen Energy Co.Ltd(300118) , Trina Solar Co.Ltd(688599) , Tongwei Co.Ltd(600438) , Xinjiang Daqo New Energy Co.Ltd(688303) , Ginlong Technologies Co.Ltd(300763) .
Risk warning: the newly installed capacity of photovoltaic is less than expected; Industrial chain price fluctuation risk.
