一、“反内卷” 叠加市场化出清,2026 年产业链有望扭亏光伏主产业链已持续亏损近两年,2025 年 7 月以来 “反内卷” 顶层信号密集释放且规格持续提升,通过价格管控与供给侧出清双向发力,叠加市场化维度的尾部产能退出与龙头高效化技改,行业盈利修复路径清晰,2026 年有望实现全产业链扭亏。1. 反内卷政策落地:价格管控 + 供给侧出清双向突破(1)价格管控:多晶硅价格回升至成本线,产业链价格...
Source Link一、“反内卷” 叠加市场化出清,2026 年产业链有望扭亏光伏主产业链已持续亏损近两年,2025 年 7 月以来 “反内卷” 顶层信号密集释放且规格持续提升,通过价格管控与供给侧出清双向发力,叠加市场化维度的尾部产能退出与龙头高效化技改,行业盈利修复路径清晰,2026 年有望实现全产业链扭亏。1. 反内卷政策落地:价格管控 + 供给侧出清双向突破(1)价格管控:多晶硅价格回升至成本线,产业链价格...
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