Silicon Industry Branch: Silicon wafer prices remain stable this week

Among them, the average transaction price for N-type G10L monocrystalline silicon wafers is 0.93 yuan/piece; for N-type G12R monocrystalline silicon wafers, it is 1.00 yuan/piece; and for N-type G12 monocrystalline silicon wafers, it is 1.17 yuan/piece. There have been no significant changes in the prices of various types of wafers. According to research, the prices of downstream cells and modules this week remained the same as last week, with mainstream cell prices at 0.31-0.33 yuan/W and mainstream module prices at 0.71-0.75 yuan/W. This week coincides with the SNEC exhibition, so the market is mostly taking a wait-and-see approach, with light trading and wafer prices remaining stable compared to last week. From the perspective of supply and demand: On the supply side, with the arrival of the wet season, the output of raw polysilicon is expected to increase, and wafer companies also plan to ramp up production. On the demand side, terminal demand is weak, and there is little buying enthusiasm in sectors such as cells and modules, with limited market support. Although most wafer companies are inclined to maintain or support prices, due to weak demand and expectations of increased supply and inventory, downstream buyers are strongly inclined to press for lower prices, putting both upstream and downstream in a standoff. According to research, the industry's overall operating rate has slightly increased compared to last week. Among them, the operating rates of two leading companies are 48% and 50% respectively, integrated companies are operating at rates between 52% and 60%, and other companies have operating rates between 52% and 70%.