The market demand this week has increased, and the supply chain has bounced back. Downstream momentum is expected to boost the upstream and overall supply chain. In terms of price, demand of polysilicon and si-wafer increased, but the prices weren’t affected significantly. For PV cell and module, there were different price changes brought by the demand for different product categories in different regions.
Polysilicon
The inventory level of polysilicon this week was still high, so even if the demand changes, the prices may not be increased easily, making them become stable. Orders of December have been largely determined. As end demand continues to heat up, de-stocking will be a key issue in the polysilicon sector. So far, domestic multi-si material price has been RMB72-78/KG, and mono-si material price has been RMB81-83/KG, with the average price falling to RMB81/KG. Overseas price has remained at USD8.5-10.2/KG.
Si-wafer
Si-wafer price has begun to loosen this week due to increasing market demand, and Chinese domestic mono-si and multi-si wafer prices were flat this week because of the rising pressure from downstream, but are expected to change next week. Overseas mono-si and multi-si wafer prices have echoed the actual demand and have increased.
So far, domestic mono-si price has remained at RMB3.00-3.10/Pc. Multi-si price has remained at RMB2.08-2.20/Pc. Black silicon product price has remained at RMB2.25/Pc. Overseas mono-si price has remained at USD0.380-0.390/Pc. Multi-si price has enlarged to USD0.255-0.275/Pc, with the average price increasing to USD0.265/Pc. Black silicon product price has remained at USD0.305/Pc.
PV cell
There has been a marked change in the PV cell market this week. China’s multi-si PV cell price has risen, while mono-si price has remained unchanged, spurred by the need for grid-connected domestic demand before the end of the year and the stock-up momentum before Europe’s New Year. Overseas mono-si and multi-si PV cell prices, as well as high-efficiency mono-si PV cell price, have increased at the same time owing to the demand. So far, domestic general multi-si price has enlarged to RMB0.81-0.88/W, with the average price increasing to RMB0.86/W. General mono-si price has been maintained at RMB1.00-1.08/W. High-efficiency mono-si price has remained at RMB1.12-1.20/W. Ultra-high efficiency mono-si (>21.5%) price has remained at RMB1.20-1.30/W. Overseas general multi-si price has increased to USD0.095-0.130/W, with the average price growing to USD0.103/W. General mono-si price has remained at USD0.121-0.129/W. High-efficiency mono-si price has increased to USD0.150-0.172/W, with the average price growing to USD0.165/W. Ultra-high efficiency mono-si (>21.5%) price has increased to USD0.165-0.178/W, with the average price growing to USD0.175/W. Double-sided PV cell price has been RMB1.30-1.35/W.
Module
This week, overseas module market transaction price was temporarily stable. For the domestic market, only high-efficiency and low-priced product prices increased. So far, domestic general multi-si (270-275W) price has remained at RMB1.78-1.85/W, with the average price increasing to RMB1.84/W. High-efficiency multi-si (280-285W) price has remained at RMB1.80-1.93/W. General mono-si (290-295W) price has remained at RMB1.83-1.96/W. High-efficiency mono-si (300-305W) price has remained at RMB2.10-2.20/W, with the average price increasing to RMB2.15/W. Ultra-high efficiency mono-si (>310W) price has remained at above RMB2.20/W.
For overseas market, there was no change. General multi-si price has remained at USD0.205-0.265/W. High-efficiency multi-si price has remained at USD0.210-0.275/W. General mono-si price has remained at USD0.242-0.360/W. High-efficiency mono-si price has remained at USD0.265-0.380/W.