The domestic polysilicon market was stable overall this month, and the price shocked slightly. At the beginning of the month, the average domestic price of polysilicon was 161,500 yuan/ton. At the end of the month, the domestic polysilicon price fell to 160,700 yuan/ton, a decrease of 0.50%, which was 31.32% higher than the same period last year. .
Second, the domestic market analysis
Products: The price of polysilicon has declined from the previous period, and the normal cargo is mainly long-term contracts. The polysilicon plant under the LDK of LDK, which has been suspended for 2 years and invested over 10 billion yuan, has officially produced about 4 tons of the first furnace polysilicon. The project of 6,000 tons of polysilicon expansion in Xinjiang is being promoted. All equipment purchases have been completed, contracts have been signed, equipment will be installed in October, and commissioning will begin in December.
Industry chain: The downstream PV industry continues to be weak and at a low level, which has a certain pressure on the polysilicon market. In the first half of this year, the installed capacity of solar energy in the domestic market is less than 3GW. Under the relevant national policies, the photovoltaic industry is expected to pick up in the second half of this year.
Industry: The Ministry of Commerce and the General Administration of Customs issued a notice saying that in view of the previous trade remedy measures for South Korea and the United States and the European Union's solar-grade polysilicon, the import of polysilicon under processing trade in China has surged, and it is decided to suspend the import of polysilicon processing trade from September 1. business. At present, GCL Group has participated in a PV module production project in Jurong County, Zhenjiang City, Jiangsu Province.
Third, the market outlook
At present, due to the suspension of foreign polysilicon trade processing, it will benefit the domestic polysilicon market, but the demand for domestic downstream PV modules is still not high. Ban Wenwen, a polysilicon analyst at the business division's chemical branch, believes that the price of polysilicon will remain stable and shipments will gradually pick up.
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