This week, the overall market continued to demonstrate behaviors that were typical before Chinese New Year: the business was suspended temporarily, the companies were preparing for the development of the year ahead.
Image by Jukka Niittymaa from Pixabay
There were little changes in terms of the trading prices. The price negotiation patterns demonstrated by the buyers and sellers were within the expectation. Looking ahead, in the overseas markets, the construction projects may be started ahead of time. The Mainland Chinese industry insiders have taken a wait-and-see attitude regarding the domestic market after the Chinese New Year.
There was not much change in the price of polysilicon this week. As the CNY is approaching, the proportion of the manufacturers remaining operational was on the low side. Similar to the actions taken by the polysilicon manufacturers last week, most of the manufacturers who have not begun their projects planned to halt their production until the CNY is over. Meanwhile, the number of wafer manufacturers remaining in operation during this time of the year continued to decline, which complemented the picture of a market getting ready for the Chinese New Year.
In the Chinese domestic market, the range of the mono-grade polysilicon price revision is RMB 68~75 /KG at the moment. The average price remains unchanged at RMB 72 /KG. The range of the polysilicon price revision is RMB 43~54 /KG. The average price remains unchanged at RMB 51 /KG. In the overseas market, the range of the overseas price revision is US$8.66~9.05 /KG. The average price is revised up to US$8.78 /KG. The global average price is revised up to US$8.67 /KG.
The price of wafers has maintained its stability this week. As the Chinese New Year approaches, manufacturers have been actively restocking to prepare for the volatile market after the CNY, despite the tight supply. The multi-Si wafer manufacturers continued to focus on inventory reduction. There were fewer and fewer manufacturers that still remained in operation. Small and medium-sized manufacturers who were struggling showed clear intentions of selling off their inventories at major discounts, which, conversely, did not affect market trends in terms of the price and quantity.
In the overseas market, the price range of the multi-Si wafer remains unchanged at US$0.191~0.195 /Pc at the moment. The price of the black silicon products remains unchanged at US$0.246 /Pc. The price range of the 156.75 mm mono-Si wafer remains unchanged at US$0.380~0.421 /Pc. The price range of the large size wafer (158.75 mm) remains unchanged at US$0.423~0.430 /Pc. The price of the 166.75mm wafers remains unchanged at US$0.455 /Pc.
In the Chinese domestic market, the range of the 156.75 mm multi-Si wafer price revision is RMB 1.55~1.60 /Pc. The price of black silicon products remains unchanged at RMB 1.94 /Pc. The price range of the cast-mono wafer remains unchanged at RMB 2.65~2.68 /Pc. The price range of the 156.75 mm mono-Si wafer remains unchanged at RMB 2.95~3.13 /Pc. The price range of the large size mono-Si wafer (158.75 mm) remains unchanged at RMB 3.28~3.37 /Pc. The price of the 166.75 mm wafer remains unchanged at RMB 3.40 /Pc.
The cell market was relatively stable this week, which was mainly because the majority of businesses were in preparations for the upcoming holidays. Some manufacturers have already ended their routine production early, getting ready for the CNY. It is expected that the mono-Si wafer market would be bustling again after the holidays. The multi-Si wafer market, on the other hand, would continue to hope for the return of interest from the market.
In the overseas market, the price range of the general multi-Si cell remains unchanged at US$0.077~0.115 /W at the moment. The price range of the general mono-Si cell remains unchanged at US$0.102~0.107 /W. The price range of the high-efficiency mono-Si cells remains unchanged at US$0.112~0.133 /W. The price range of the superior high-efficiency mono-Si cells (>21.7%) remains unchanged at US$0.116~0.165 /W.
In the Chinese domestic market, the price range of the general multi-Si cell remains unchanged at RMB 0.59~0.61 /W. The price of the high-efficiency multi-Si cells remains unchanged at RMB 0.63 /W. The price range of the general mono-Si cells remains unchanged at RMB 0.80~0.85 /W. The price range of the high-efficiency mono-Si cell remains unchanged at RMB 0.89~0.95 /W. The price range of the superior high-efficiency mono-Si cell (>21.7%) remains unchanged at RMB 0.94~0.99 /W. The price of the bifacial superior high-efficiency mono-Si cells (21.7%) remains unchanged at RMB 1.02 /W.
This week, the prices of the modules were slightly revised in the domestic market. The prices in the overseas market maintained their stability.
In the overseas market, the price range of the general multi-Si (270-275W) revision remains unchanged at US$0.197~0.200 /W at the moment. The price range of the high-efficiency multi-Si (280-285W) remains unchanged at US$0.205~0.225 /W. The price range of the general mono-Si (290-295W) remains unchanged at US$0.202~0.225 /W. The price range of the high-efficiency mono-Si (300-310W) remains unchanged at US$0.295~0.320 /W. The price range of the superior-high efficiency mono-Si (>310W) remains unchanged at US$0.233~0.395 /W.
In the Chinese domestic market, the range of the general multi-Si (270W~275W) price revision is RMB 1.51~1.62 /W. The average price is lowered to RMB 1.58 /W. The price range of the high-efficiency multi-Si (280-285W) is revised down to RMB 1.60~1.65 /W. The average price is lowered to RMB 1.635 /W. The price range of the general mono-Si (290W~295W) remains unchanged at RMB 1.63~1.69 /W. The price range of the high-efficiency mono-Si (300-310W) is revised down to RMB 1.71~1.80 /W. The average price is lowered to RMB 1.75 /W. The price range of the superior-high efficiency mono-Si (>310W) is revised down to RMB 1.76~1.81 /W. The average price remains unchanged at RMB 1.80 /W.