A few days ago, CGNPC opened the bid for the centralized procurement of components in 2022, with a total scale of 8.8GW (4.4GW tender + 4.4GW reserve), and the planned delivery date of 4 tenders: 2022/6/30-2022/12/10. Among them, affected by the increase in the price of silicon materials , the average price of the 540/545 bifacial modules in the first and second bids is 1.954 yuan/W, and the highest price is 2.02 yuan/W. Previously, on May 19, China General Nuclear Power released the 2022 annual photovoltaic module equipment frame centralized procurement bidding announcement. The project is divided into 4 bidding sections, covering a total reserve capacity of 8.8GW.
On June 8, the Silicon Industry Branch of China Nonferrous Metals Industry Association released the latest transaction price of domestic solar-grade polysilicon. Compared with last week, the transaction prices of three types of silicon materials rose again. Among them, the average transaction price of single crystal compound feed rose to 267,400 yuan/ton, with a maximum of 270,000 yuan/ton; the average price of single crystal dense material rose to 265,000 yuan/ton, with a maximum of 268,000 yuan/ton; The price rose to 262,300 yuan / ton, and the highest was 265,000 yuan / ton. This is after the last November, the price of silicon material has risen to more than 270,000 yuan again, and it is not far from the highest price of 276,000 yuan / ton.
The silicon industry branch pointed out that this week, all silicon material enterprises have basically completed their orders in June, and even some enterprises have signed orders in mid-July. The reason why the price of silicon material continues to rise. First, the silicon wafer production enterprises and expansion enterprises have a strong willingness to maintain a high operating rate, and the current situation of rushing to buy silicon materials has caused the demand for polysilicon to only increase; second, the downstream demand continues to be strong. There are not a few companies that oversubscribed orders in June in May, resulting in a significant reduction in the balance that can be signed in June. According to the data disclosed by the Silicon Industry Branch, this week, the price range of M6 silicon wafers was 5.70-5.74 yuan/piece, and the average transaction price remained at 5.72 yuan/piece; the price range of M10 silicon wafers was 6.76-6.86 yuan/piece, and the transaction was The average price is maintained at 6.84 yuan/piece; the price range of G12 silicon wafers is 8.95-9.15 yuan/piece, and the average transaction price is maintained at 9.10 yuan/piece.
And PV InfolInk said that in the market atmosphere where the supply of silicon materials is in short supply, the price of orders under long-term contracts between major manufacturers may have a slight discount, but it is still difficult to prevent the median price from continuing to rise. Moreover, “silicon material is hard to find”, and the supply and demand situation of hard-to-find silicon material shows no signs of easing. Especially for the new capacity expansion in the crystal pulling process, the price of silicon material in overseas origin continues to be at a premium, which is higher than the price of 280 yuan per kilogram. Not uncommon.
On the one hand, the price increases, on the other hand, the order is full. According to the national power industry statistics from January to April released by the National Energy Administration on May 17. Photovoltaic power generation ranked first in new installed capacity with 16.88GW, a year-on-year increase of 138%. Among them, the newly installed capacity in April was 3.67GW, a year-on-year increase of 110% and a month-on-month increase of 56%. Europe imported 16.7GW of Chinese module products in Q1, compared with 6.8GW in the same period last year, a year-on-year increase of 145%; India imported about 10GW of photovoltaic modules in Q1, an increase of 210% year-on-year, and the import value increased by 374% year-on-year; and the United States also announced exemptions for four Southeast Asian countries Two years of import tariffs on photovoltaic modules, the photovoltaic track welcomes multiple benefits.
In terms of capital, since the end of April, the photovoltaic sector has continued to strengthen, and the photovoltaic ETF (515790) has rebounded more than 40% from the bottom. As of the close on June 7, the total market value of the photovoltaic sector totaled 2,839.5 billion yuan. In the past month, a total of 22 photovoltaic stocks have been net bought by Northbound funds. Based on a rough calculation of the average transaction price in the range, LONGi Green Energy and TBEA received a net purchase of over 1 billion yuan from Beishang funds, and Tongwei and Maiwei shares received a net purchase of more than 500 million yuan from Beishang funds. Western Securities believes that since 2022, the volume of module bidding projects has exploded, and the scale in January, March, and April all exceeded 20GW. From January to April 2022, the cumulative bidding volume of photovoltaic projects was 82.32l, a year-on-year increase of 247.92%. In addition, the National Energy Administration predicts that the newly added photovoltaic grid will reach 108GW in 22 years, and the current projects under construction will reach 121GW. Assuming that the price of components in the second half of the year is still high, it is conservatively estimated that the domestic installed capacity will reach 80-90GW, and the domestic market demand is strong. The global photovoltaic demand is so strong that there is no hope of reducing the price of photovoltaic modules in the short term.
Post time: Jun-15-2022