According the continuous rising prices of the raw materials and the decreasing profitability, the price of photovoltaic modules remain stable

· PV Price Trends

 

Solar wafer enterprises in the case of demand expectations and price increases, the demand for solar silicon material remains strong, some solar silicon enterprises in March long orders are basically signed, based on the current shortage of supply, April orders also have a small number of transactions, the mainstream price basically remained stable, some of the bulk single prices have increased.

Solar silicon material

Observe the production operation and shipment of silicon link, the domestic production of polysilicon enterprises 13, one of them is in the sub-line maintenance, two overseas material enterprises due to maintenance and shipping and other factors, solar silicon imports are expected to decline in March. It is expected that in the second half of March, because most of the solar silicon long single signed, the market is not much available for sale, part of the bulk single urgent single transaction price will raise prices, solar silicon prices will remain stable upward trend.

 

Recently, Longi again announced an increase in solar wafer prices, compared with last month's offer (February 22), 182MM size solar wafers rose USD0.03/W, an increase of 3.08%, most solar wafer companies have also increased prices, after the price increase market transactions are still relatively smooth. This week, M6 mainstream transaction prices rose to about USD0.86/chip, M10 mainstream transaction prices rose by 2.15%, to about USD1.04/chip, G12 mainstream transaction prices rose to about USD1.38/chip. After the end of the year there is continued demand, the market for solar wafers, solar cells procurement action has not slowed down, solar cell enterprises there is a "rush" phenomenon, increased demand for solar wafers, previously affected by the epidemic solar wafer enterprises to resume work, production gradually rise, coupled with the limited supply of solar silicon, output is limited Solar wafer prices are expected to rise in the short term, and prices are expected to outstrip supply.

Solar wafers

 

This week, the mainstream transaction price of monocrystalline M6 solar cells for about USD0.17/W, M10 solar cells mainstream transaction price rose to about USD0.18/W, an increase of about 1.79%, G12 solar cells mainstream transaction price of about USD0.18/W. Following last week's increase in solar cell prices, this week Tongwei continue to raise solar cell prices, monocrystalline PERC 182 cells latest offer USD0.18/W, up USD0.002/W; monocrystalline PERC 210 cells latest offer USD0.16/W, up USD0.003/W. With the domestic scenery of large base installation and other projects gradually start, the Solar cells, photovoltaic module stocking demand continued, new orders in March began to negotiate, downstream photovoltaic module enterprises on the price of solar cells after the general acceptance of the price increase, some enterprises still hold a wait-and-see attitude.

Solar cells

 

The government work report in 2022 pointed out that the orderly promotion of carbon peak carbon neutral work, to promote low-carbon energy transformation, to promote large-scale scenic power The base and its supporting regulatory power planning and construction, to enhance the grid to renewable energy generation capacity. Recent domestic scenery big base installation and other projects gradually start, enhance the demand for photovoltaic components, overseas demand although there are signs of decline, demand is expected to continue until the end of March. At present, by the industry chain raw materials and auxiliary materials and other raw material prices, photovoltaic component costs, profit margins further reduced, taking into account the terminal project business acceptance, component prices are difficult to appear a significant increase.

Photovoltaic modules

In terms of auxiliary materials, this week the glass price is basically stable, this week 3.2mm thickness of the glass price mainstream transaction price to about USD4.25/㎡, 2.0mm thickness of the glass mainstream transaction price to about USD3.3/㎡. With the recent relative stability of module offer, photovoltaic glass also continues to develop steadily. 

Next week forecast

It is expected that the price of photovoltaic modules will continue to be stable next week, but the possibility of a slow rise cannot be ruled out. We hope that customers with projects will stock up as early as possible to reduce the cost loss caused by the continued price rise.