The overall market has risen and fallen this week. The supply and demand of each stage also affects the overall trend of the offer price. The price range of the overseas upstream polysilicon is getting bigger, whereas the domestic demand remains relatively stable. The market of the wafers stay as polarized as last week: mono-Si wafers rise as the multi-Si ones fall. The same thing is also happening to the cell price. Every product of the module stage is facing a volatile market. As the price rises and falls, some products are becoming more prominent. The price trend in different regions differ as well. In the future, it does not seem likely that we are on the path to a bullish market. Manufacturers of each stage’s survival depends on whether or not their risk diversification strategy is effective.
Polysilicon
The polysilicon in the domestic and overseas markets show mixed results this week. Although the price of domestic multi polysilicon has dipped slightly, it is within the expected range. As for the mono polysilicon, there has not been much change. The price remains unwavering despite the downstream market. However, the price is on the path of gradual ascent. The highest price is rising and the lowest price is dropping in the overseas markets, mainly due to the routine maintenance of the suppliers and shorter supply.
The range of the overseas price revision is 9.00~10.03USD/KG. The average price is lowered to 9.39USD/KG, while the global average price is lowered to 9.24USD/KG. The range of the domestic multi polysilicon price is revised to 56~62RMB/KG. The average price is lowered to 59RMB/KG, while the mono polysilicon has remained at 74~78RMB/KG.
Silicon wafer
This week, the mono-Si wafer market is still unchanged. Although there is excess demand in the market, there is no excessive material available in the market. However, in order to maintain the price difference between the multi-Si wafers and the mono ones, the probability of price increase in the short term is not high. The multi-Si wafer market is expected to decline slightly, mainly because the supply is small and the demand is not high, either. Combining these two factors gives us the price trend in the market today. In the overseas market, the price of the 156.75mm mono-Si wafers is slightly lowered to 0.416USD/Pc at the moment. The 158.75mm mono-Si wafers has remained at 0.445USD/Pc. The mono-Si wafers with size 161.75mm and above has remained at 0.460USD/Pc. The range of the multi-Si wafers price revision is 0.237~0.238USD/Pc. The black silicon products are revised down to 0.265USD/Pc. In the domestic market, the mono-Si wafers has remained at 3.05~3.13RMB/Pc at the moment. The large-size products has remained at 3.35RMB/Pc. The range of the multi-Si wafers price revision is 1.84~1.87RMB/Pc. The black silicon products are lowered to 2.06RMB/Pc.
Cell
This week, the overall cell market continues its downward slide. The decline in the domestic market is, however, slowing down. The high-efficiency products with more supply in the market see their price drop. The overseas market plummeted. The product categories in demand are relatively diverse. The price revision range of the complete spectrum of products is rather broad. The level of inventory continued to rise, which is mainly due to weak demand.
In the overseas market, the range of the general multi-Si cell price revision has remained at 0.105~0.127USD/W at the moment. The average price is revised down to 0.111USD/W. The range of the general mono-Si cell price revision is 0.110~0.125USD/W. The average price has been revised down to 0.115USD/W. The range of the high-efficiency mono-Si cell price revision is 0.145~0.170USD/W. The average price is revised down to 0.158USD/W. The range of the superior high-efficiency mono-Si cell (>21.5%) price revision is 0.128~0.190USD/W. The average price is revised down to 0.170USD/W.
In the domestic market, the range of the general multi-Si cell price remains unchanged at 0.81~0.84RMB/W. The price of the high-efficiency multi-Si cells remains unchanged at 0.86RMB/W. The price of the general mono-Si cells has remained at 0.82~0.88RMB/W. The range of the high-efficiency mono-Si cell price revision is 0.95~1.03RMB/W. The average price is lowered to 1.01RMB/W. The range of the superior high-efficiency mono-Si cell (>21.5%) price revision is 1.00~1.08RMB/W. The average price is lowered to 1.05RMB/W. The price of the bifacial high-efficiency mono-Si cells is revised down to 1.05RMB/W. The price of the bifacial superior high-efficiency mono-Si cell (>21.5%) has been revised down to 1.10RMB/W.
Module
This week, the module market sees chaos reign, where the highest offered price is increased, and the lowest decreased. The primary reason behind this is that the small and medium enterprises (SMEs) are rather flexible when it comes to offer price in the hopes of getting more orders. Some first-tier manufacturers have yet to feel the pressure to reduce prices. It is estimated that even the major players will be under pressure to reduce price, if the market does not improve.
In the overseas market, the general multi-Si (270-275W) price has remained at 0.205~0.250USD/W. The average price is lowered to 0.220USD/W. The high-efficiency multi-Si (280-285W) price has remained at 0.218~0.235USD/W. The average price is lowered to 0.220USD/W. The general mono-Si (290-295W) price has remained at 0.235~0.251USD/W. The range of high-efficiency mono-Si (300-305W) price is 0.265~0.330USD/W. The average price is lowered to 0.268USD/W. The range of the superior-high efficiency mono-Si (>310W) price revision is 0.271~0.405USD/W. The average price is revised up to 0.290USD/W.
In the domestic market, the range of the general multi-Si (270W~275W) price revision is at 1.63~1.75RMB/W. The average price remains the same at 1.71RMB/W. The range of the high-efficiency multi-Si (280W~285W) price revision is at 1.78~1.85RMB/W. The average price remains the same at 1.83RMB/W. The general mono-Si (290W~295W) price has remained at 1.83~1.90RMB/W. The range of the high-efficiency mono-Si (300-305W) price revision is at 1.90~2.07RMB/W. The average price is lowered to 2.05RMB/W. The range of the superior-high efficiency mono-Si (>310W) price revision has remained at 1.95~2.13RMB/W. The average price remains the same at 2.10RMB/W.
