Recently, the market has undergone significant changes, with significant fluctuations in both the photovoltaic industry chain and the organic silicon sector. In the photovoltaic industry, the main contract of polycrystalline silicon futures hit the daily limit up, and the increase in industrial silicon futures expanded. The photovoltaic equipment index and related stocks rose sharply, showing a strong upward trend. At the same time, the organic silicon sector is not to be outdone, and the stock prices of companies such as Hesheng, Dongyue, and Silicon Treasure have risen sharply.
The outbreak of the photovoltaic industry is not accidental, but the result of multiple factors such as policies, industry, and demand working together. In terms of policy, the symposium of the Ministry of Industry and Information Technology and the meeting of the Central Financial and Economic Commission have conveyed a strong signal of "anti involution", elevating the rectification of involution competition to a national strategic level and providing strong support for the supply side reform of the photovoltaic industry. In terms of industry, leading polysilicon companies have jointly reduced production, raised prices, implemented joint price limits, and the China Photovoltaic Industry Association has guided companies to control production, alleviating the supply-demand imbalance. In terms of demand, the short-term recovery of overseas markets, the rush to install in the United States, the rebound in European module prices, and the increase in installed capacity growth in emerging markets have brought new development opportunities for the photovoltaic industry.
However, the future of the photovoltaic sector is not a smooth road. Although driven by the expectation of supply side reform in the short term, the clearance of production capacity has not yet been completed, and the contradiction between high inventory and weak demand still exists. In the medium to long term, industry competition will focus on technological differentiation, and companies need to deploy efficient technologies to address challenges.
The rise of the organic silicon sector has attracted market attention. The staff of the Securities Department of Silicon Treasure Technology stated that the company's business is concentrated in the field of organic silicon, with downstream products in construction and industry, and is not related to the inorganic silicon and photovoltaic industries to which polycrystalline silicon belongs. At present, the fundamentals of organosilicon are stable, and the price is at the bottom. This stock price fluctuation may be related to the overall market sentiment.
In this market turbulence, the photovoltaic and organic silicon sectors are facing both opportunities brought by policy support and demand recovery, as well as challenges in terms of production capacity and technology. Investors need to view market fluctuations rationally, seize opportunities, and handle risks cautiously.