Securities Times news, at the beginning of the year on the industry's "silicon is king" view has been further verified, due to changes in supply and demand and price factors, silicon is the best link in the main photovoltaic industry chain this year; silicon wafer link downward transmission cost pressure ability is stronger, but even if the two major silicon wafer leaders, the third quarter operating rate has been reduced; the concentration of battery links is relatively low, facing upstream and downstream squeeze, is the hardest hit area of performance losses in the third quarter; module manufacturers are due to the difference in industrial structure and capital structure, and the performance differentiation is serious. Due to the influx of new entrants, the expansion of silicon wafer production capacity next year will be very significant, industry insiders said that silicon wafer rookies have spent so much money to build production lines, it is impossible not to grab silicon materials, do not start, otherwise, the depreciation scale of the new production line will be very large. At that time, the relationship between the silicon wafer and the upstream and downstream may be reinterpreted.
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