Home News The Rising Trend of Silicon material Prices in the first half of 2021

The Rising Trend of Silicon material Prices in the first half of 2021

  • May 28, 2021

Rising Trend of Silicon material Prices in 2021

1. Silicon material price trend in 2021

Since the beginning of 2021, the price of silicon materials has risen slightly. By August, the price of silicon materials had risen to 200,000 yuan per ton, while the price of silicon materials in January was only 80,000 yuan/ton. The increase is as high as 150%. In addition to silicon materials, silicon wafer prices have also begun to usher in a new round of increases, and the two major silicon wafer leaders have announced price increases. On August 11, Zhonghuan Co., Ltd. announced the price of monocrystalline silicon wafers in August, and the prices of silicon wafers of various sizes increased by 5.6% to 9.7%. On August 19th, Longi also raised the quotation of monocrystalline silicon wafers. According to forecasts by many insiders, silicon material prices will not fall until at least the second half of 2022.

In summary, during the period from September 2021 to June 2022, silicon material prices will continue to maintain high prices, and from the perspective of short-term silicon material prices, they may continue to fluctuate at high levels.

2. What are the reasons for the price increase of silicon materials in 2021?

Reason 1: Capacity expansion

From the perspective of the entire silicon industry chain, there is no very shortage of silicon materials. However, the production capacity of photovoltaic silicon wafer cell modules has expanded rapidly, especially for silicon wafers, exceeding 300GW, or even 400GW. Pushing up the price of silicon materials step by step.

Reason 2: peak consumption season

Due to the long construction period of silicon materials, coupled with the increase in demand for photovoltaic installed capacity in rural areas at the end of each year. And the market has always existed, and the price will rise if the supply exceeds the demand, and the price will continue to fall when there is overcapacity.

Reason 3: more orders

After the price of silicon materials began to enter an upward trend, the downstream expectation mentality led to early demand for signing orders, which further helped the market shift to a direction where supply exceeds demand.

Reason 4: Increase in demand

The production capacity of two first-tier silicon wafer companies in my country has been restored, and after the production capacity is restored, it will lead to continuous release of silicon wafer expansion and production capacity, which will support a substantial increase in the actual demand for silicon materials.

3. The latest news on silicon material prices at the beginning of September 2021

1. The price of single crystal compound feed is 206-215 yuan/kg, and the average transaction price is 211 yuan/kg, up 0.91% from last week;

2. The price of single crystal dense material is 204-213 yuan/kg, and the average transaction price is 209 yuan/kg, an increase of 1.06% from last week;

3. The price of single crystal cauliflower material is 202-210 yuan/kg, and the average transaction price is 206.4 yuan/kg, up 0.98% from last week.

Since the rise in silicon material prices on August 11, it has risen four times in a row. For example, LONGi, Zhonghuan and Tongwei, the leading downstream silicon wafer companies, also raised their product quotations during the period, which has caused considerable pressure on downstream companies. The recent slight increase in prices will be a high probability event.

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