The US announced a tariff exemption. And the PV industry chain demand maintains a high boom

Photovoltaic key companies rose collectively this week. According to Shenwan Hongyuan's statistics: among the key PV companies covered, Xinte Energy, Xinyi Energy, and the GCL Technology led the growth.

The White House announced an import tariff exemption for the next 24 months on cell and module imports from Thailand, Malaysia, Cambodia, and Vietnam to meet local PV installation demand. The expected improvement demand in the US is expected to drive global demand and PV industry chain price expectations to the upside.

Recently nine Chinese ministries and commissions issued a new "development plan": accelerating the promotion of desert, Gobi, desert areas as the focus of large-scale wind power, solar power generation base, and comprehensive promotion of distributed photovoltaic development. During the "14th Five-Year Plan" period, the installation rate of distributed photovoltaics in new industrial parks and new large public buildings will reach 50%. The distributed photovoltaic segment will open up long-term growth space.

(1) The price of silicon is expected to remain strong due to the shortage of supply. As new production capacity is difficult to contribute immediately, the downstream silicon wafer segment is expanding at a faster rate, and the domestic silicon market maintains an oversupply, silicon prices will remain strong in the short term.

(2) Domestic mainstream size wafer prices remain at May levels. With the gradual release of new production capacity of large size in the market, the supply and demand of monocrystalline large size wafers gradually balance, while the supply of monocrystalline small size wafers exceeds the demand.

(3) Cell prices rose slightly. This week the leading domestic monocrystalline cell companies announced the June cell prices. In the case of upstream silicon wafer enterprises that have not made price adjustments, some monocrystalline size specifications (monocrystalline M6/M10) cell prices increased by 0.01-0.02 yuan/W. Monocrystalline G12 cell prices maintain the May quote.

(4) Component prices were slightly increased. The terminal official website is in a strong mood. Due to the price increase of the upstream link, the component price was slightly increased this week. The domestic terminal large ground power plant project start-up is still not obvious. The game is still going on around component prices, and the current demand for components mainly comes from overseas markets.