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Home > News > Paint & Coating News > Continuous plunge! Hot chemical raw materials back to the year low!

Continuous plunge! Hot chemical raw materials back to the year low!

soutuliao 2022-12-26

Monomer plants, which had been ambitious to make a rush at the end of the year, began to worry and divide, especially individual monomer plants in Shandong, which were always at the low price, returned to the lowest price in the year, without any fluctuation in the market, after all, the logistics have been reduced by more than half, and they do not know when the goods will arrive. Other monomer plants can only wait for the follow-up inquiries in the middle and downstream, in addition, industrial silicon futures have been officially listed. On the first day of the face of a broad decline, let the already weak market to add a cool.

Data from the Silicon branch of the China Non-Ferrous Metal Industry Association showed that the price of silicon wafers fell in a circuit breaker mode. The average transaction price of M6 monocrystalline silicon wafer, M10 monocrystalline silicon wafer and G12 monocrystalline silicon wafer fell by 15.2%, 20% and 18.4%, respectively. The decline includes the previous two weeks of price reduction, and the root cause is the conduction of silicon material price reduction.

The Silicon Industry Branch pointed out that on the supply side, the first-line enterprises and specialized enterprises reduced the operating rate again; Demand, the whole industry chain price - cutting terminal malaise.

Industry insiders said that the silicon price loosening, mainly with the upstream silicon material price continued to decline and the downstream photovoltaic module "rush to load tide" is no longer related, the silicon price is expected to decline in the future, at the same time, will also stimulate the installed demand of downstream centralized test power stations.

Silicon material is the bottleneck of the photovoltaic manufacturing industry, the price of silicon material has continued to rise for more than 2 years. With the rapid release of silicon production capacity recently, the bottleneck has been eased and the silicon price has dropped significantly.

From the point of view of demand, the downstream photovoltaic module manufacturers for silicon wafer demand, affected by Christmas and shipping cycle (about a month), overseas market demand has declined significantly, and the domestic market did not end of the "grab load tide" phenomenon, resulting in explosive silicon wafer demand market did not appear, silicon wafer prices have declined significantly.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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