With the recent downward adjustment of solar silicon powder offers, coupled with the clearing of the power limit scale and the cancellation of the US anti-avoidance investigation into the Southeast Asian origin, a new round of volatility in the supply chain prices of PV products has begun.
Solar silicon silicon prices fluctuate slightly with a narrow range of offers
With the zeroing out of the scale of power restrictions, the supply of upstream solar silicon powder is sufficient and offers have been adjusted downwards, easing the tight supply situation for solar silicon. And with the loosening of downstream product offerings, solar silicon prices have trended back up, with a small number of orders showing a loosening of the offer price, but no deals were made. The overall average price of the deal was the same as last week, although the high level of the offer has gradually decreased, with the current overall average price of solar monocrystalline material at USD42.44/KG and the market offer range between USD 41.50-43.06/KG.
Observing the production operations and shipments of the solar silicon segment, 12 domestic Chinese solar silicon enterprises are in production, with one enterprise yet to resume production. Orders, downstream vertically integrated enterprises have increased shipments of photovoltaic modules, the demand for solar silicon material is large, as of now this month, solar silicon enterprises orders have been signed, some enterprises December orders are also signed one after another, to promote the supply of solar silicon material to maintain a tight balance, the market price also remained stable in the game.
Solar silicon wafer offer continues to fluctuate, M6 monocrystalline solar wafer prices fell slightly
After the pressure of electricity restrictions lifted, solar wafer enterprises started working better, vertically integrated wafer enterprises based on downstream photovoltaic module shipments, crop rate rebounded, some downstream photovoltaic module enterprises to protect the supply, proceeded to sign next year's long order.
The recent market bearishness in the upstream of the industry chain is strong, some enterprises slowed down the pace of procurement, resulting in the continued weakening of demand for monocrystalline solar wafers, some monocrystalline solar wafer enterprises for inventory pressure considerations, has made small concessions on the offer, especially monocrystalline M6 products, the bottom price of the transaction continues to dip, the mainstream price fell back to USD0.89/PC, large size solar wafers, prices On the polycrystalline solar wafer side, the overall offer is relatively stable, depending on the acceptability of downstream demand, with current domestic and overseas offers at USD0.38/PC and USD0.329/PC.
Solar cell offers stable, with news of impending price drops upstream, closely linked to the cell trend
Solar cell offers were stable this week, with the market closely following upstream price trends. The recent market rumors of the upstream is about to drop the price of news, solar cell overall quotes are stable, mainly because of the double pressure of upstream products up, downstream procurement slowdown, solar cell profit margins have been very limited, if the solar silicon wafer offer no obvious downward trend, the overall solar cell offer is still to maintain stability. At present, in addition to some monocrystalline solar cells M6 cells, affected by demand, the high price of the offer fell slightly, the mainstream price in USD0.17-0.18/W. Large size solar cells, M10, G12 monocrystalline solar cells mainstream price in USD 0.180/W and USD 0.175/W, respectively.
In terms of polycrystalline solar cells, the competitiveness of products tended to weaken under the high upstream cost market conditions, and downstream transactions became increasingly scarce, with mainstream prices at USD 0.14/W and USD 0.02/W at home and abroad.
PV module prices fell slightly, with projects with high power PV modules above 530W winning bids one after another
This week's PV module quotes continued from last week, with some PV module quotes falling slightly. Due to the delay in end demand, the second and third tier PV module enterprises took the initiative to reduce their inventory and deal with price cuts at the time of offer. At this stage, the overall offer of the PV module market is slightly confusing, some enterprises to sell inventory, the offer is far below the market price, and caused some impact on the market, following last week's 166mm monocrystalline PV module offer loosening, this week 182mm, 210mm size components offer are loosening, although this week landed orders less, but is expected to PV module offer fears difficult to maintain stability, the current 182mm, 210mm In addition, the G1 monocrystalline PV module trade has been reduced, and the quotation for 325W-335W/ 395W-405W monocrystalline PERC modules in USD has been cancelled since this week.
On the demand side, in the recent Chinese domestic PV module bidding market, projects with high power PV modules above 530W should be awarded one after another, with prices stabilizing between USD0.31-0.32/W, showing rigid demand for PV modules with increased price tolerance. Overseas market, the United States good news frequently, first is to cancel the anti-circumvention investigation of Southeast Asian origin, a few days ago and then reduce the 201 tariff to 15%, and exempt double-sided components import tariff, will undoubtedly support the continued growth of demand for photovoltaic module side.
Next week's PV module market forecast
PV module prices are basically stable this week, with Christmas and Chinese New Year holidays getting closer and closer, due to holiday-driven market fluctuations are inevitable. In addition, the rebound of the U.S. market indicates that the demand side of PV modules will continue to increase. It is recommended that customers with a small volume demand stock up in time to avoid a sudden surge in market demand and a price increase in PV modules to compress your profit margin.