TrendForce集邦咨询：成本支撑松动光伏产业链价格下探压力未减

智通财经06-25

智通财经APP获悉，集邦光储观察发文称，当前硅料市场维持弱势震荡，基本面过剩压力持续，硅片市场面临库存高企与出货受阻的双重困境，电池片继续处于弱势下行阶段，短期下行风险仍在。由于产业链整体处于下行阶段，加之终端需求持续不及预期，组件环节深度承压，短期内，组件价格将延续承压走势，跟随上游降价趋势。硅料当前硅料市场维持弱势震荡，基本面过剩压力持续。行业库存高居52万吨以上，尽管“反内卷”预期引发挺价...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

我们需要你的真知灼见来填补这片空白

发表看法

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/2646211218?lang=zh_CN&edition=full","thumbnail":"","is_english":false,"pubTime":"2026-06-25 13:39","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2646211218","market":"us","top_or_hot":-1,"title":"TrendForce集邦咨询：成本支撑松动 光伏产业链价格下探压力未减","media":"智通财经","content":"<div>\n<p>智通财经APP获悉，集邦光储观察发文称，当前硅料市场维持弱势震荡，基本面过剩压力持续，硅片市场面临库存高企与出货受阻的双重困境，电池片继续处于弱势下行阶段，短期下行风险仍在。由于产业链整体处于下行阶段，加之终端需求持续不及预期，组件环节深度承压，短期内，组件价格将延续承压走势，跟随上游降价趋势。硅料当前硅料市场维持弱势震荡，基本面过剩压力持续。行业库存高居52万吨以上，尽管“反内卷”预期引发挺价...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/1458551.html\">网页链接</a>\n\n</div>\n","source":"stock_zhitongcaijing","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>TrendForce集邦咨询：成本支撑松动 光伏产业链价格下探压力未减</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrendForce集邦咨询：成本支撑松动 光伏产业链价格下探压力未减\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-06-25 13:39 北京时间&nbsp;&nbsp;&nbsp;<a href=http://www.zhitongcaijing.com/content/detail/1458551.html><strong>智通财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>智通财经APP获悉，集邦光储观察发文称，当前硅料市场维持弱势震荡，基本面过剩压力持续，硅片市场面临库存高企与出货受阻的双重困境，电池片继续处于弱势下行阶段，短期下行风险仍在。由于产业链整体处于下行阶段，加之终端需求持续不及预期，组件环节深度承压，短期内，组件价格将延续承压走势，跟随上游降价趋势。硅料当前硅料市场维持弱势震荡，基本面过剩压力持续。行业库存高居52万吨以上，尽管“反内卷”预期引发挺价...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/1458551.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"159863","symbol_name":"光伏产业","start_time":0,"source_url":"http://www.zhitongcaijing.com/content/detail/1458551.html","article_id":"2646211218","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2646211218","pubTimestamp":1782365994,"columns":[],"sourceInfo":{"source_id":"stock_zhitongcaijing","name":"智通财经网"},"weMediaInfo":null,"summary":"行业库存高居52万吨以上，尽管“反内卷”预期引发挺价情绪，但供需失衡仍主导市场。短期内硅料价格仍将承压，需密切关注反内卷政策进度。本轮下跌受多重因素共振：一是本月头部企业通威大幅提产，市场增量明显，加剧了供需矛盾；二是白银价格震荡下跌，成本支撑走弱引发贸易商抛货；三是产业链全线下行弱化了市场信心，电池片价格下行趋势难改。随着上游电池价格快速下降，组件成本支撑坍塌，价格跟随下行。","collect":0,"end_time":0,"defaultTopTitle":"zhitongcaijing.com","property":[],"viewcount":null,"language":"zh","relate_stocks":{"159863":"光伏产业"},"translate_title":"TrendForce: Cost support loosens the price pressure of photovoltaic industry chain has not been reduced","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"159863":1.5},"content_text":"智通财经APP获悉，集邦光储观察发文称，当前硅料市场维持弱势震荡，基本面过剩压力持续，硅片市场面临库存高企与出货受阻的双重困境，电池片继续处于弱势下行阶段，短期下行风险仍在。由于产业链整体处于下行阶段，加之终端需求持续不及预期，组件环节深度承压，短期内，组件价格将延续承压走势，跟随上游降价趋势。硅料当前硅料市场维持弱势震荡，基本面过剩压力持续。行业库存高居52万吨以上，尽管“反内卷”预期引发挺价情绪，但供需失衡仍主导市场。本周下游拉晶厂观望情绪浓厚，成交极少，复投料价格已跌至33元/KG。主要原因在于：通威、协鑫、新特、亚硅等企业复产增产导致6月产量环比显著增加；同时，行业对下半年装机预期不乐观，企业库存压力大，存在低价出货动机。短期内硅料价格仍将承压，需密切关注反内卷政策进度。硅片硅片市场面临库存高企与出货受阻的双重困境。目前全行业库存维持在28GW以上，价格逼近成本线。在此背景下，市场策略出现分化：一线头部企业试图挺价，而二三线企业受资金和库存压力影响，小幅让利出货。主要原因在于，硅片环节在高库存下仍维持高开工率，导致去库压力增大；加之全产业链处于下行阶段，上下游负反馈效应显著，硅片价格短期内将延续弱势震荡。电池片当前电池片继续处于弱势下行阶段，短期下行风险仍在。行业库存维持在11天左右，库存压力延续，出货困难。本轮下跌受多重因素共振：一是本月头部企业通威大幅提产，市场增量明显，加剧了供需矛盾；二是白银价格震荡下跌，成本支撑走弱引发贸易商抛货；三是产业链全线下行弱化了市场信心，电池片价格下行趋势难改。从尺寸来看，183尺寸受印度需求骤降及大厂集中抛库影响，下行风险较大；210R尺寸库存量高，价格压力同样巨大；而210尺寸在集中式项目带动下，整体表现优于前两者。组件由于产业链整体处于下行阶段，加之终端需求持续不及预期，组件环节深度承压。目前市场采购仍以低价货源为主，整体依赖刚需补库和前期中标订单交付维持基本运转。随着上游电池价格快速下降，组件成本支撑坍塌，价格跟随下行。目前一线头部企业报价普遍降至0.71-0.73元/W，二三线企业则普遍跌破0.7元/W大关，低价区间已触及0.67-0.69元/W。由于深陷价格下行通道，下游观望情绪浓厚，拿货更加谨慎。短期内，组件价格将延续承压走势，跟随上游降价趋势。","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"isLaohu8Offline":false,"tenantId":"TBCN","deviceId":"web-server-community-laohu8-v3","version":"4.44.1","shortVersion":"4.44.1","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2646211218","isCrawlerRequest":true}

TrendForce集邦咨询：成本支撑松动 光伏产业链价格下探压力未减

精彩评论

TrendForce集邦咨询：成本支撑松动光伏产业链价格下探压力未减