Compared with the steady downturn in the past few weeks, the overall market is looking up. The fluctuating prices show signs of improvement. The overseas polysilicon market is mixed, mainly due to changes in the downstream demand: regarding wafers, the mono-Si wafers maintains its price stability, while the price of its multi-Si counterparts is sliding. The cells and modules maintain their existing trend. However, the inventory level of the manufacturers seems to have reached the latest low point. It is expected that the price will rebound before long. In the future, the bidding prices of the domestic projects are being announced. However, there are quite a number of manufacturers insisting on their quoted price. Their power struggle may later become the focus of the market. The overseas market is getting back to normal, where installations are carried out as planned. Some of the products may be affected by the fluctuation of the exchange rates. The overall demand, however, is not likely to be affected. The ripple effect of China’s Golden Week Holiday in October is expanding as expected. The market is slowly back on track.
Polysilicon
The market of the polysilicon is mixed this week. The pressure of price reduction of mono polysilicon comes from the downstream manufacturers that are unwilling to decrease their own prices. The price increase of multi polysilicon is due to short supply, which increases the demand. The downstream manufacturers are unable to withstand the cost of mono polysilicon, therefore switched to produce the multi-Si products to relieve the pressure to produce.
The overseas price is yet to be adjusted. However, the downward-sliding exchange rates are also bringing it down. In the overseas market, the range of the price revision is 8.74~9.74USD/KG. The average price is lowered to 9.06USD/KG. The global average price is lowered to 8.91USD/KG.
In the domestic markets, the range of polysilicon price revision is 58~61RMB/KG. The average price is revised upward to 60RMB/KG. The range of the mono polysilicon price revision is 73~76RMB/KG. The average price is revised downward to 75RMB/KG.
Silicon wafer
The price of the wafer is beginning to shift this week. The multi-Si wafers have slightly revised the price upward. The demand is increased due to the downstream cell manufacturers switching to produce multi-Si cells. There is no significant change in the mono-Si wafer market. It is getting harder and harder for the smaller manufacturers to maintain their price. There has already been a few quoted prices that are below the market price. In the overseas market, the price of the 156.75mm mono-Si wafers remains unchanged at 0.403USD/Pc at the moment. The price of the 158.75mm mono-Si wafers remains unchanged at 0.440USD/Pc. The price of the mono-Si wafers with the size of 161.75mm and above remains unchanged at 0.450USD/Pc. The range of the multi-Si wafer price revision is 0.226~0.230USD/Pc. The price of the black silicon products remains unchanged at 0.260USD/Pc.
In the domestic market, the price range of the mono-Si wafers remains unchanged at 3.07RMB/Pc. The price of the low resistance wafers remains unchanged at 3.12RMB/Pc. The price of the large-size products remains unchanged at 3.45RMB/Pc. The range of the multi-Si wafer price revision is 1.81~1.83RMB/Pc. The price of the black silicon products remains unchanged at 2.06RMB/Pc.
Cell
The cell market price is rising this week. The inventory level of the top-tier manufacturers has come to a relatively low level. The insistence on the reserve price is still quite robust. The small and medium manufacturers do not have such liberty. The pressure to reduce the price is still weighing on their mind at the negotiation table. In the overseas market, the range of the general multi-Si cell price revision is 0.102~0.123USD/W at the moment. The average price is lowered to 0.107USD/W. The price range of the general mono-Si cells remains unchanged at 0.105~0.115USD/W. The price range of the high-efficiency mono-Si cells remains unchanged at 0.131~0.150USD/W. The range of the superior high-efficiency mono-Si cell (>21.5%) price revision is 0.122~0.178USD/W. The average price is lowered to 0.150USD/W.
In the domestic market, the price range of the general multi-Si cells remains unchanged at 0.80~0.83RMB/W. The price of the high-efficiency multi-Si cells remains unchanged at 0.85RMB/W. The range of the general mono-Si cell price revision is 0.81~0.85RMB/W. The average price remains unchanged at 0.84RMB/W. The range of the high-efficiency mono-Si cell price revision is 0.91~0.94RMB/W. The average price is lowered to 0.93RMB/W. The range of the superior high-efficiency mono-Si cell (>21.5%) price revision is 0.95~1.01RMB/ W. The average price is lowered to 1.00RMB/W. The price of the bifacial high-efficiency mono-Si cells is revised downward to 0.96RMB/W. The price of the bifacial superior high-efficiency mono-Si cells (>21.5%) remains unchanged at 1.03RMB/W.
Module
The price of the module market is also shifting as the prices of their upstream counterparts vary. It is mainly under the influence of the announced auction price of the domestic projects. The overseas markets were also affected due to the fluctuation of the exchange rates and the slow-selling multi-Si products. In the overseas market, the price range of the general multi-Si (270-275W) remains unchanged at 0.205~0.248USD/W at the moment. The average price is lowered to 0.212USD/W. The price range of high-efficiency multi-Si (280-285W) remains unchanged at 0.216~0.220USD/W. The average price is lowered to 0.216USD/W. The price range of the general mono-Si (290-295W) remains unchanged at 0.235~0.251USD/W. The price range of the high-efficiency mono-Si (300-305W) remains unchanged at 0.265~0.330USD/W. The range of the superior-high efficiency mono-Si (>310W) price revision is 0.253~0.405USD/W. The average price remains unchanged at 0.290 USD/W.
In the domestic market, the range of the general multi-Si (270W~275W) price revision is 1.65~1.75RMB/W. The average price remains unchanged at 1.71RMB/W. The range of the high-efficiency multi-Si (280W~285W) price revision is 1.76~1.85RMB/W. The average price remains unchanged at 1.83RMB/W. The price range of the general mono-Si (290W~295W) remains unchanged at 1.83~1.90RMB/W. The range of high-efficiency mono-Si (300-305W) price revision is 1.90~2.03RMB/W. The average price is lowered to 2.01RMB/W. The range of the superior-high efficiency mono-Si (>310W) price revision is 1.88~2.13 RMB/W. The average price remains unchanged at 2.10RMB/W.
