In August, the domestic polysilicon market continued to rise. According to the monitoring of business agency, the monthly increase of polysilicon is 4.24%. The main reasons for the rise of silicon materials are the shutdown of some units, the decrease of supply, and the increase of transportation costs under the influence of the epidemic. At the end of the month, the price range of single crystal compact materials was 295000-308000 yuan / ton.

In terms of supply, the supply of silicon material enterprises in this month has significantly contracted compared with that in July. The operating rate of domestic silicon material manufacturers is significantly lower than that of last month. There are 12 domestic polysilicon production enterprises. In the whole August, about 5 domestic silicon material manufacturers have entered the maintenance period or temporarily shut down. At the same time, due to power limitation, the production load of 2 manufacturers in Sichuan has been reduced to the lowest, and the supply shortage has been aggravated, resulting in obvious loss of output. Moreover, the increase brought by the expansion of production of manufacturers in Baotou and silicon industry in Asia is not enough to make up for the loss of output. Although the units of some manufacturers began to resume operation at the end of the month, it still takes two weeks to reach the expected level. Generally speaking, the domestic silicon material output decreased in August. The tight supply pattern is still the main driver of the upward trend of silicon materials.

This month, the rhythm of signing orders at the downstream slowed down slightly. On the one hand, due to the high cost of silicon materials, the downstream profits were squeezed, and the procurement tended to slow down. On the other hand, the local power limitation led to the low operating rate of silicon wafers, which to a certain extent restrained the rising pace of silicon materials. Up to now, most of the orders in September have been signed, and some scattered orders have flowed out, but the price has stabilized.

In terms of intermediate products, the prices of large silicon wafer manufacturers remained at the level of July in August. At present, the price of silicon wafers has reached an unprecedented high, which has formed a strong support for the silicon material and put a great pressure on the downstream battery cells and components. As of August 30, the silicon wafer has remained stable, and the transaction price of M6 mainstream has stabilized at about 6.33 yuan / piece; The mainstream transaction price of M10 is maintained at about 7.54 yuan / piece, and the mainstream transaction price of G12 silicon is about 9.93 yuan / piece.

Battery cells and components: the price of battery cells also increased in this month. The high temperature continued in August, and the power limit time was extended. Many battery cell production units in Sichuan were shut down for maintenance, and the market supply decreased significantly. The price of battery cells of some enterprises tentatively increased. However, due to the profit squeeze of downstream components and the slowdown of procurement, the price of battery cells and the purchasing end of components formed a game. Orders may be negotiated or increased in September, but the increase may be suppressed by demand.

In the future market forecast, the polysilicon analysts of the business community believe that the photovoltaic industry chain as a whole shows a sluggish cost transmission, and the high cost of silicon materials brings more and more heavy pressure to the downstream. In particular, the profit of terminal components is obviously squeezed, the operating rate of components is lower, and the upstream and downstream games are more obvious. Recently, the general office of the Ministry of industry and information technology, the general office of the State Administration of market supervision and the comprehensive Department of the National Energy Administration issued a notice to severely crack down on price gouging in the photovoltaic industry, with a view to promoting the coordinated development of the photovoltaic industry chain and supply chain. In the later period, silicon materials may rise or face pressure from the policy side. With the resumption of three enterprises at the end of the month and the stabilization of production expansion devices, the supply pressure will be relieved. Therefore, silicon materials may stop rising and stabilize, and it is not ruled out that the price may fall.