This week, the overall market maintained a neutral positive pattern. Upstream polysilicon and si-wafer prices were adjusted by the fluctuation of supply and demand, but after this correction, in the next month they will likely change again due to changes in supply and demand. For PV cell and module market, the wait-and-see attitude has become stronger, and manufacturers aren’t likely to place orders until the last minute. According to the following trend of overall market, as the weather gradually benefited the construction of system power stations, as long as the supply side hasn’t changed too much, the market’s trading atmosphere will still be neutral and positive. As the second quarter begins, the demand from major demand countries is expected to once again push the market to another climax.
This week, the polysilicon market atmosphere showed a wait-and-see pattern. The trading market still relied on downstream momentum to drive the demand for polysilicon. The new capacity in China will be gradually released in the next month, and with the restart of overseas maintenance production line, it will cause pressure to the supply. So far, the overall domestic and overseas polysilicon average price hasn’t changed. The domestic multi-si material price has been 73-77RMB/KG. Mono-si material price has been 79-83RMB/KG. Overseas price has remained at 8.20-9.50USD/KG.
Due to the price increase of major si-wafer manufacturers, the major mono-si manufacturers which routinely quote at the end of the month are bound to be followed by market expectations. The price of multi-si camp was still supported by an out-of-stock situation under a shortage of production. So far, the overall domestic and overseas average price hasn’t changed. Domestic mono-si price has remained at 3.05-3.25RMB/Pc. Multi-si price has remained at 2.05-2.20RMB/Pc. Black silicon product price has remained at 2.30RMB/Pc. Overseas mono-si wafer price has remained at 0.385-0.428USD/Pc. Multi-si price has remained at 0.277-0.295USD/Pc. Black silicon product price has remained at 0.310USD/Pc.
Supply and demand in the PV cell market changed slightly this week. The domestic demand for high-efficiency products was no longer as urgent as in the previous weeks. Besides, with the new capacity of the first-tier manufacturers, the balance between supply and demand was affected. Multi-si PV cell market was still supplied by first-tier manufacturers, and small- and medium-sized manufacturers didn’t have orders to restart capacity. So far, the overall domestic and overseas average price hasn’t changed. Domestic general multi-si price has remained at 0.89-0.92RMB/W. General mono-si price has remained at 1.01-1.08RMB/W. High-efficiency mono-si price has been maintained at 1.21-1.28RMB/W. Ultra-high efficiency mono-si (>21.5%) price has grown to 1.32-1.35RMB/W. Overseas general multi-si price has remained at 0.115-0.145USD/W. General mono-si price has remained at 0.155-0.160USD/W. High-efficiency mono-si price has remained at 0.165-0.175USD/W. Ultra-high efficiency mono-si (>21.5%) price has remained at 0.175-0.180USD/W. Double-sided PV cell price has remained at 1.33-1.39RMB/W.
The atmosphere of module market was roughly the same as that of the PV cell. Compared with overseas orders, the domestic demand hasn’t changed much. So far, domestic general multi-si (270-275W) price has remained at 1.78-1.85RMB/W. High-efficiency multi-si (280-285W) price has remained at 1.83-1.93RMB/W. General mono-si (290-295W) price has remained at 1.83-1.96RMB/W. High-efficiency mono-si (300-305W) price has remained at 2.15-2.30RMB/W. Ultra-high efficiency mono-si (>310W) price has increased to above 2.30RMB/W.
Overseas general multi-si price has been 0.210-0.275USD/W, with the average price remaining at 0.219USD/W. High-efficiency multi-si price has been 0.215-0.275USD/W, with the average price remaining at 0.234USD/W. General mono-si price has remained at 0.252-0.360USD/W. High-efficiency mono-si price has remained at 0.278-0.380USD/W. Ultra-high efficiency mono-si (>310W) price has remained at 0.290USD/W.