Polysilicon prices fell by half, industry may reshuffle

Xiao Bian from the latest statistics of several market research institutions can be seen, due to the sluggish European market and the weak start of the domestic market, since the beginning of this year, the domestic photovoltaic market prices have been falling all the way to the entire industry chain. The domestic mainstream price of polysilicon spot is 35-39 thousand yuan/ton, which is half lower than the price of the beginning of the year (February 15) of 680-74 yuan/ton, and the price of photovoltaic module also dropped by 30% in the past three months. .

Among them, some silicon wafers and component suppliers that are in the middle and lower reaches of the industry are the first to bear the brunt. Up to now, most companies have begun to face sustained losses in the second quarter, and some SMEs have already cut production or even stopped production. Currently, a number of professional organizations including Solarbuzz believe that the average price of solar cells and modules at the end of the year will fall by about 15%-20% from September, following the Xinjiang Tebian Electric Co., Ltd., Baoding Tianwei Baochang Electric Co., Ltd. After the company's expansion of polysilicon projects, Shanghai Huayuan Pharmaceutical Co., Ltd. plans to acquire crystalline silicon technology and restructure to the photovoltaic market.

The polysilicon market is now faced with a knockout event. Once the $35 mark is reached, the elimination rate of SMEs will be as high as 90%, and only 5-6 suppliers will be able to survive. The possibility of PV SMEs being merged or closed next year is greatly increased. By then, the global photovoltaic industry will likely face a new round of large-scale reshuffling.