Solar silicon prices still continue to rise, solar module prices still have room to rise

· PV Price Trends

This week's solar silicon prices are unchanged from last week, mainly because there is not much left to sell, the overall monocrystalline material offerings remain at around 39.76 USD/KG, the current solar silicon enterprises in June orders have been signed, and even individual enterprises have signed orders to July, solar silicon supply is still tight, it is expected that the end of June before a small number of bulk order transactions will slightly pull up solar silicon prices, in the short term Solar silicon prices will continue to rise in the short term;

Solar Silicon

According to statistics, the solar silicon supply reached 70,250 tons (26.51GW) in June, an increase of 6.28% over May, but relative to the huge downstream production capacity of silicon wafers and the current high start-up rate of the whole industry chain, the solar silicon supply is still tight.

M10 mainstream transaction price is around USD1.01/PC, G12 mainstream transaction price is around USD1.36/PC. This week, the solar wafer new orders less, the terminal for the industry chain continued high prices have shown weakness, solar cell procurement enthusiasm weakened, the previous M10 demand is better, some wafer enterprises to convert the production size, vigorously produce M10 solar wafers, now the downstream take slow, some companies feedback, there are M10 orders price fluctuations, the bargaining space has become larger, the market gaming atmosphere is thick, based on Based on cost pressure, solar wafer prices are expected to remain stable.

solar wafer

In June, the integrated start-up rate of silicon wafer factories reached 77%, as silicon supply was still insufficient, each of them had different degrees of reduction in output than originally planned. Silicon wafer demand remains relatively strong in the short term, as downstream solar wafer companies are almost full capacity.

Monocrystalline M6 solar cells were sold at a mainstream price of around USD 0.17/W, M10 cells became mainstream at around USD 0.18/W, and G12 cells were sold at a mainstream price of around USD 0.17/W. Monocrystalline M6 cells are already very limited in market resources due to reduced demand, accelerating the process of withdrawal from the market. Recently, some solar cell enterprises upgraded 182 through 166 production line, 210 production line conversion 182 size, as well as new production capacity increase, the overall 182 production capacity increased significantly, however, 182 size cell supply and demand still remain tight, prices are still likely to rise.

solar cell

This week, the mainstream transaction price of monocrystalline 166 solar modules was around USD 0.28/W, the mainstream transaction price of monocrystalline 182 modules rose to around USD 0.29/W, and the mainstream transaction price of monocrystalline 210 modules was around USD 0.29/W. The price of 182 solar cells rose in the previous period, leading to a slight increase in the price of 182 modules this week, which has been on par with the price of 210 modules. At present, due to better overseas demand, first-line module enterprises are full of orders and mostly maintain full production, but domestic concentrated acceptance of high module prices is still low, and distributed demand is still continuing, with the spread between concentrated and distributed offers in the market at around USD 0.0074-0.010/W. The European Customs Measures Against Forced Labour resolution was recently adopted, prohibiting "forced labour" products from entering the European market, and in view of the urgent demand for European installations and China's huge production capacity, some domestic enterprises have already prepared relevant materials, and the actual impact of the relevant measures is expected to be limited, and the demand for modules will continue. This week, the range of offers narrowed and the floor price increased, with offers in the market ranging from USD 0.31-0.32/W.

Solar modules

In terms of auxiliary materials, glass prices continued to stabilize this week, the mainstream transaction price of 3.2mm glass is around USD 4.24/㎡, 2.0mm glass mainstream transaction price is around USD 3.35/㎡, the procurement demand of module enterprises is general, and the supply of glass continues to increase, the component enterprise price pressure psychology is obvious, glass enterprises due to cost pressure, also unwilling to make concessions, both sides are deadlocked, glass prices are expected to remain stable in the short term. In the short term, glass prices are expected to remain stable.

Next week's PV module price forecast.

This week, solar silicon is still on the rise, in the solar component side of the large overseas demand is still going on, component high price acceptance, component prices still have room to rise. Customers with PV projects buy as soon as possible to reduce cost losses.