《大行》摩通:多晶硅价格回升或利好光伏玻璃龙头企业

阿斯达克财经
Jul 11, 2025

摩根大通发表研究报告指,中国光伏行业现货价格近期出现反弹,其中N型多晶硅价格按周回升6.3%至每公斤约35.6元人民币,在政府推动反内卷的政策背景下,原料价格正向企业边际生产成本每公斤约48元人民币。摩通预期,若价格持续回升至边际成本线,届时具有成本优势的多晶硅供应商及光伏玻璃龙头企业将最能受惠。摩通指出,当前光伏产业链中仅多晶硅和光伏玻璃仍存在明显成本差异,以多晶硅为例,估算若现货价回升至每公斤...

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