This week, the overall market took a wait-and-see attitude. The lively atmosphere at the German exhibition happened to express optimism about the future market. The overall supply chain from upstream to downstream was stable.
In terms of the subsequent overall market trend, both domestic and overseas markets have begun to carry out the layout of the next few months or even the entire year. It can be expected that this year’s trough will no longer be repeated.
Polysilicon
This week, polysilicon market price stabilized. As demand gradually warmed up, the market price is expected to rise. For overseas materials, there weren’t too many changes in transactions. So far, domestic multi-si material price has been 59-65RMB/KG, with the average price remaining at 64RMB/KG. Mono-si material price has remained at 72-78RMB/KG. Affected by exchange rate fluctuations, overseas price has been 9.00-10.05USD/KG, with the average price falling to 9.65USD/KG. Due to the impact of exchange rate, global average price has decreased to 9.45USD/KG.
Si-wafer
This week, si-wafer market price still remained flat. The introduction of the new policy hasn’t yet spread to the market, and strong demand hasn’t impacted market price. So far, overseas mono-si wafer price has remained at 0.415-0.425USD/Pc. Multi-si price has remained at 0.250-0.270USD/Pc. Black silicon product price has remained at 0.280USD/Pc. Domestic mono-si price has been 3.02-3.17RMB/Pc, with the average price remaining at 3.12RMB/Pc. Multi-si price has remained at 1.90-2.00RMB/Pc. Black silicon product price has remained at 2.13RMB/Pc.
PV cell
This week, PV cell market price was stable. Although there was demand, overall market price wasn’t affected. The new policy provided a comparative advantage for products with high price–performance ratio. The introduction of policy boosted the demand for multi-si. Both first- and second-tier manufacturers almost achieved full supply. Mono-si camp also performed well, and overseas market focused on mono-si demand. A large number of short-term contracts drove the needs of mono-si. In terms of the popularity of the most efficient product and the lowest price product in the current market, it is estimated that the products selected in the future market will be fairly consistent. So far, overseas general multi-si price has remained at 0.115-0.129USD/W. General mono-si price has remained at 0.121-0.128USD/W. High-efficiency mono-si price has remained at 0.155-0.165USD/W. Ultra-high efficiency mono-si (>21.5%) price has remained at 0.155-0.180USD/W.
Domestic general multi-si price has remained at 0.83-0.87RMB/W. General mono-si price has remained at 0.90-0.95RMB/W. High-efficiency mono-si price has remained at 1.15-1.20RMB/W. Ultra-high efficiency mono-si (>21.5%) price has remained at 1.18-1.25RMB/W. Double-sided PV cell price has remained at 1.21-1.26RMB/W.
Module
This week, module market price continued to stabilize. There were few signs of price movements for both domestic and overseas markets. It is estimated that module sector will be fermented by June. So far, overseas general multi-si (270-275W) price has remained at 0.205-0.260USD/W. High-efficiency multi-si (280-285W) price has remained at 0.218-0.230USD/W. General mono-si (290-295W) price has remained at 0.231-0.251USD/W. High-efficiency mono-si (300-305W) price has remained at 0.268-0.350USD/W. Ultra-high efficiency mono-si (>310W) price has been 0.283-0.380USD/W, with the average price remaining at 0.285USD/W.
Domestic general multi-si price has been 1.68-1.75RMB/W, with the average price remaining at 1.72RMB/W. High-efficiency multi-si price has been 1.80-1.86RMB/W, with the average price remaining at 1.83RMB/W. General mono-si price has remained at 1.83-1.90RMB/W. High-efficiency mono-si price has remained at 2.05-2.10RMB/W. Ultra-high efficiency mono-si price has remained at 2.10-2.20RMB/W.