This week, the silicon material market continues to be subdued. Due to ongoing price reductions for mainstream downstream silicon wafers, procurement progress among wafer manufacturers has slowed again, primarily focusing on depleting existing inventories. Some companies have seen slight price decreases in newly signed orders, while larger manufacturers maintain firm pricing, indicating a clear market contention in the short term.
| Material | Average Price (CNY/kg) | Average Price (USD/kg) | Weekly Change (%) |
|---|---|---|---|
| N-type polysilicon | 41.7 | 5.95 | 0.00 |
| N-type granular silicon | 37.3 | 5.32 | 0.00 |
| Mono recharge | 36.4 | 5.19 | 0.00 |
| Mono dense | 34.5 | 4.92 | 0.00 |
| Mono popcorn | 31.4 | 4.48 | 0.00 |
According to industry feedback, the number of companies undergoing maintenance or operating at reduced capacity has decreased to 12. Production plans suggest that domestic silicon supply is expected to grow by about 3% in October. In the fourth quarter, as new production capacities are gradually released, silicon output will continue to rise, potentially exerting further downward pressure on prices.
In the silicon wafer sector, prices have seen a slight decline this week. In October, some crystal pulling companies have temporarily adjusted their production capacities, with 2-3 companies already increasing output. According to Sobi Consulting, silicon wafer production is expected to be around 46-48 GW in October, a slight increase from September. Currently, wafer inventory exceeds 5 billion pieces, and companies continue to face shipping challenges, suggesting insufficient upward price momentum in the near term.
In the battery sector, prices have also decreased slightly this week. Recent declines in upstream wafer prices, combined with increased demand for larger-sized modules, have led to further drops in small-sized power battery prices. Sobi Consulting data indicates that battery production in October is about 48 GW, with actual output likely falling short of expectations. As the trend of reduced production continues, companies are entering a destocking phase, putting ongoing pressure on prices.
