According to the latest price news from the Silicon Industry Association, polysilicon prices have continued to decline, with the mainstream prices of polysilicon falling below 50,000 yuan/mt, of which the mainstream price of cauliflower has dropped to 40,400 yuan/mt, and the polysilicon market has experienced four rounds of sharp price reductions since the Spring Festival, with the highest drop of more than 31%.
According to the latest data disclosed by the China Silicon Industry Branch:
The transaction price range of N-type material was 45,000 yuan-52,000 yuan/ton, and the average transaction price was 49,200 yuan/ton, down 6.29% month-on-month.
The transaction price range of P-type dense material was 40,000 yuan-45,000 yuan/ton, and the average transaction price was 42,800 yuan/ton, down 6.75% month-on-month.
The transaction price range of P-type re-feeding material was 42,000 yuan-47,000 yuan/ton, and the average transaction price was 45,100 yuan/ton, down 4.25% month-on-month.
The transaction price range of N-type granular silicon was 42,000 yuan-44,000 yuan/ton, and the average transaction price was 43,000 yuan/ton, down 9.47% month-on-month.
Looking back at the history of PV development, along with the periodic reshuffle of the PV market, polysilicon prices will skyrocket and plummet. In the current cycle, polysilicon prices exceeded RMB 300/kg after July 2022, and then reached a high of RMB 310.5/kg around November.
Since the second half of 2023, polysilicon market prices have continued to fall, and according to PV statistics, the current polysilicon market price has dropped by more than 85% compared with the price high!
In addition, it is worth noting that with the overall decline in polysilicon prices, the price gap between N-type materials, N-type pellets and even N-P materials is gradually narrowing, and the price advantage of granular silicon is gradually weakening.
If one day the price of bulk silicon and granular silicon is the same or even lower, then which polysilicon will silicon ingot manufacturers choose?