This week, the overall market atmosphere continued last week’s exhibition craze. In the upstream, the overseas sales of silicon material are still being affected by the exchange rate. However, in the other sectors of the supply chain, the situation is more stable, and many are looking forward to favorable trading opportunities. In terms of the subsequent overall market trend, China’s 630 installation rush may bring a small peak to the market, and it is estimated to be fermented in the next two to three weeks. For the overseas market, there will be a lot of choices for Chinese manufacturers. The overall market is expected to be prosperous all the way to the end of the year.
Polysilicon
This week, the market price of polysilicon continued to stabilize, with the atmosphere of increasing. For mono-si material, because the supply was not yet fully in place, and the actual demand was greater than the current supply, the price was steady. For multi-si material, although the inventory level was low, the supply could still undertake the actual demand, and the stability of price was better than mono-si material. So far, domestic multi-si material price has remained at 60-65RMB/KG. Mono-si material price has remained at 72-78RMB/KG. Overseas price has been 9.50-10.01USD/KG, with the average price changing to 9.67USD/KG due to the exchange rate. Global average price has dropped to 9.43USD/KG due to the exchange rate and overall price change.
Si-wafer
This week, for the si-wafer market, the demand was greater than supply. The inventory level of mono-si was close to zero, but there was a wait-and-see attitude towards downstream PV cell manufacturers. The atmosphere of price increase continued to ferment, and the market will not stock up until the last minute. For multi-si, due to the lack of hype, the supply could not meet the demand, and it could still be supported by price. So far, overseas mono-si wafer price has been 0.415-0.425USD/Pc, with the average price remaining at 0.420USD/Pc and large size price of 0.475USD/Pc. Multi-si price has been 0.244-0.250USD/Pc, with the average price remaining at 0.253USD/Pc. Black silicon product price has slightly decreased to 0.280USD/Pc. Domestic mono-si price has been 2.97-3.15RMB/Pc, with the average price remaining at 3.12RMB/Pc and large size price of 3.25RMB/Pc. Multi-si price has been 1.86-1.95RMB/Pc, with the average price remaining at 1.91RMB/Pc. Black silicon product price has remained at 2.15RMB/Pc.
PV Cell
This week, PV cell market price was affected by upstream shortage. Although there were stock-up demands and capacity expansions, the price was still stable. For mono-si, the call for higher prices from major manufacturers did not boost the market, perhaps due to the supply and demand issue mentioned earlier. Overall, there was only a small price increase for a few products. In the domestic multi-si market, the manufacturers have enlarged the price range due to the larger room for price negotiations. So far, overseas general multi-si price has remained at 0.115-0.129USD/W. General mono-si price has been 0.118-0.160USD/W, with the average price remaining at 0.125USD/W. High-efficiency mono-si price has been 0.155-0.170USD/W, with the average price remaining at 0.162USD/W. Ultra-high efficiency mono-si (>21.5%) price has been 0.157-0.178USD/W, with the average price remaining at 0.174USD/W.
Domestic general multi-si price has been 0.86-0.95RMB/W, with the average price remaining at 0.89RMB/W. General mono-si price has been 0.92-0.95RMB/W, with the average price remaining at 0.93RMB/W. High-efficiency mono-si price has been 1.15-1.21RMB/W, with the average price growing to 1.18RMB/W. Ultra-high efficiency mono-si (>21.5%) price has been 1.18-1.25RMB/W, with the average price remaining at 1.22RMB/W. Double-sided PV cell price has been 1.24-1.32RMB/W.
Module
This week, the module market price continued to be steady. It is estimated that the module’s reaction cycle is one or two weeks after the rise of PV cell price. The US quote has been revised to 0.370USD/W. The previous quote included the delivery price. So far, overseas general multi-si (270-275W) price has been 0.205-0.260USD/W, with the average price remaining at 0.220USD/W. High-efficiency multi-si (280-285W) price has remained at 0.218-0.227USD/W. General mono-si (290-295W) price has remained at 0.231-0.251USD/W. High-efficiency mono-si (300-305W) price has been 0.268-0.345USD/W, with the average price remaining at 0.271USD/W. Ultra-high efficiency mono-si (>310W) price has been 0.270-0.370USD/W, with the average price remaining at 0.285USD/W.
Domestic general multi-si price has remained at 1.71-1.75RMB/W. High-efficiency multi-si price has been 1.80-1.85RMB/W, with the average price remaining at 1.83RMB/W. General mono-si price has been 1.85-1.90RMB/W, with the average price increasing to 1.88RMB/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.