The overall market was still under the impact of the outbreak this week. Despite the shortage in raw materials and rising transportation costs, the overall demand has increased steadily. Looking at the changes in the global market, China’s domestic demandhas not yet returned to normal. For overseas markets, it is inevitable that the initially planned dates of installations and grid connections will be postponed.
Polysilicon
This week, the polysilicon prices continued its upward trajectory from last week. The sale prices were almost close to the high point. As the downstream demand gradually stabilized, the trading prices continued to show signs of persistent price increase. Regarding the overseas market, the polysilicon prices also rose this week, due to the impact of the short supply of polysilicon and the fluctuation of exchange rates.
In the Chinese domestic market, the price range of mono-grade polysilicon is revised up to RMB 72~ 75/KG at the moment. The average price remains unchanged at RMB 73 /KG. The price range of the polysilicon remains unchanged at RMB 50~ 55/KG. In the overseas market, the price is raised to US$8.78~ 9.29/KG. The average price is raised to US$8.98 /KG. The global average price is raised to US$8.83 /KG.
Wafers
The prices of wafers showed a flattened trend this week. There was a clear gap between the mono-Si wafer prices offered by larger and smaller manufacturers. Due to the huge difference in the volume of sales, the sale prices show limited changes. The supply of multi-Si products remained scarce, while the demand was increasing. It is inevitable that prices would be impacted under such circumstances.
In the overseas market, the price range of the multi-Si wafer is raised to US$0.194~ 0.197/Pc at the moment. The price of the black silicon products is raised to US$0.248 /Pc. The range of the 156.75 mm mono-Si wafer price revision is US$0.380~ 0.405/Pc. The average price remains unchanged at US$0.395 /Pc. The price range of the large size wafer (158.75 mm) is revised up to US$0.423~ 0.530/Pc.
In the Chinese domestic market, the price range of the 156.75 mm multi-Si wafer remains unchanged at RMB 1.53~ 1.56/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 2.60~2.65 /Pc. The price range of the 156.75 mm mono-Si wafer remains unchanged at RMB 3.00~ 3.15/Pc. The price range of the large size mono-Si wafer (158.75 mm) remains unchanged at RMB 3.21~3.31 /Pc. The range of the 166.75 mm wafer price revision is RMB 3.35~ 3.47/Pc. The average price remains unchanged at RMB 3.37 /Pc.
PV Cells
The market prices of PV cells were affected by the excess supply and the slowdown in demand. Mono-Si products could sense the pressure from the upstream and downstream clearly. Multi-Si products were driven by overseas market demand. Therefore their prices were stabilized. The outbreak has caused a delay in the domestic and overseas demand this month. The construction plans of various projects have begun to be scheduled. This allowed more room for bargaining and more time to consider, regarding the procurement of PV cells.
In the overseas market, the range of the general multi-Si cell price revision is US$0.077~ 0.085/W at the moment. The average price remains unchanged at US$0.080 /W. The price range of the general mono-Si cell remains unchanged at US$0.101~ 0.107/W. The price range of the high-efficiency mono-Si cell remains unchanged at US$0.111~ 0.120/W. The range of the superior high-efficiency mono-Si cell (>21.7%) price revision is US$0.118~ 0.170/W. The average price is lowered to US$0.128 /W.
In the Chinese domestic market, the price range of the general multi-Si cell remains unchanged at RMB 0.57~ 0.59/W. The price of the high-efficiency multi-Si cell is lowered to RMB 0.61/W. The price range of the general mono-Si cell remains unchanged at RMB 0.80~ 0.85/W. The range of the high-efficiency mono-Si cell price revision is RMB 0.88~ 0.94/W. The average price is raised to RMB 0.91 /W. The range of the superior high-efficiency mono-Si cell (> 21.7%) price revision is RMB 0.89~ 0.94/W. The price of the bifacial superior high-efficiency mono-Si cells (>21.7%) is revised down to RMB 0.96 /W.
Modules
Compared with last week, the market prices of modules were more stable this week. China was still recovering from the outbreak. Little changes in the price were detected. Regarding the overseas market, the prices fluctuated as the raw materials were still tight and the transportation costs rising.
In the overseas market, the price range of the 60-cell general multi-Si (275W-280W) remains unchanged at US$0.195~ 0.229/W at the moment. The range of the 72-cell high-efficiency multi-Si (325W-330W) price revision is US$0.198~ 0.232/W. And the average price remains unchanged at US$0.218 /W. The range of the general mono-Si (305W-310W) price revision is US$0.220~ 0.390/W. The average price remains unchanged at US$0.311 /W. The range of the high-efficiency mono-Si (315W-320W) price revision is US$0.223~ 0.350/W. The average price is lowered to US$0.279 /W. The range of the superior-high efficiency mono-Si (>320W) price revision is US$0.226~ 0.390/W. The average price is raised to US$0.283 /W.
In the domestic market, the price range of the 60-cell general multi-Si (275W-280W) remains unchanged at RMB 1.50~ 1.61/W. The price range of the 72-cell high-efficiency multi-Si (325W-330W) remains unchanged at RMB 1.55~ 1.63/W. The price range of the general mono-Si (305W-310W) remains unchanged at RMB 1.67~ 1.70/W. The price range of the high-efficiency mono-Si (315W-320W) remains unchanged at RMB 1.68~ 1.75/W. The price range of the superior-high efficiency mono-Si (>320W) remains unchanged at RMB 1.73~ 1.78/W.
(Image by torstensimon from Pixabay)
(Analysis provided by Lions Shih, analyst at EnergyTrend. Translated by Emma Hsu, translator of TrendForce Corp.)