At the turn of the year, the overall market developments continued the same trend from the end of 2019 this week. In both overseas and Chinese domestic markets, the demand for each market is adjusted.
The market developments remained the same: the prices of the mono-Si products maintained their stability, while the prices of the multi-Si products were declining. Looking ahead, there may be changes in terms of the time and place of project commencement in the overseas markets. The Chinese domestic market, on the other hand, is poised to take off after the Chinese New Year.
Polysilicon
The price of polysilicon this week was quiet as the end of the year approached. The price of mono-grade polysilicon has not changed much. Some smaller manufacturers were still willing to accept orders at a lower price, which, by estimation, would not have much impact on the overall market price. The price of polysilicon, on the other hand, continued its slump. Most of the manufacturers who have not begun their projects planned to halt their production until the CNY is over. Therefore the market sentiment remained low.
In the Chinese domestic market, the range of the mono-grade polysilicon price revision is 67~74 RMB/KG at the moment. The average price remains unchanged at 72 RMB/KG. The range of polysilicon price revision is 48~54 RMB/KG. The average price remains unchanged at 51 RMB/KG. In the overseas market, the range of the price revision is 8.64~9.03 USD/KG. The average price remains unchanged at 8.76 USD/KG. The global average price is raised to 8.65 USD/KG.
Wafers
This week, the wafer prices still showed mixed developments: the prices of the mono-Si products maintained their stability, while the prices of the multi-Si products were declining. There was a sustainable demand for mono-Si products with ample supply in the market. However, there were only mild changes in prices, which were supported by the major players’ steady stream of incoming orders. The goal of the multi-Si wafers, on the other hand, continued to be inventory reduction. Now only large manufacturers were left to supply the market, which is expected to open the door for some shuffling among the industry players.
In the overseas market, the price range of the multi-Si wafer is revised down to 0.191~0.195 USD/Pc at the moment. The price of the black silicon products is lowered to 0.246 USD/Pc. The price range of the 156.75 mm mono-Si wafer remains unchanged at 0.380~0.421 USD/Pc. The price range of the large size wafer (158.75 mm) remains unchanged at 0.423~0.430 USD/Pc. The price of the 166.75mm wafers remains unchanged at 0.455 USD/Pc.
In the Chinese domestic market, the range of the 156.75 mm multi-Si wafer price revision is 1.55~1.63 RMB/Pc. The price of black silicon products is lowered to 1.94 RMB/Pc. The price range of the cast-mono wafers remains unchanged at 2.65~2.68 RMB/Pc. The price range of the 156.75 mm mono-Si wafer remains unchanged at 2.95~3.13 RMB/Pc. The price range of the large size mono-Si wafer (158.75 mm) remains unchanged at 3.28~3.37 RMB/Pc. The price of the 166.75 mm wafers remains unchanged at 3.40 RMB/Pc.
PV Cells
This week, the PV cell market price continued the trend from last week. The main focus was still the free fall of the multi-Si product price. The prices of the mono-Si cells stayed stable, while the prices of the multi-Si products were decreasing.
In the overseas market, the price range of the general multi-Si cell is revised down to 0.077~0.115 USD/W at the moment. The average price is lowered to 0.079 USD/W. The price range of the general mono-Si cell remains unchanged at 0.102~0.107 USD/W. The price range of the high-efficiency mono-Si cells remains unchanged at 0.112~0.133 USD/W. The price range of the superior high-efficiency mono-Si cells (>21.7%) remains unchanged at 0.116~0.165 USD/W.
In the Chinese domestic market, the range of the general multi-Si cell price revision is 0.59~0.61 RMB/W. The price of the high-efficiency multi-Si cells is lowered to 0.63 RMB/W. The price range of the general mono-Si cells remains unchanged at 0.80~0.85 RMB/W. The range of the high-efficiency mono-Si cell price revision is 0.89~0.95 RMB/W. The average price remains unchanged at 0.90 RMB/W. The range of the superior high-efficiency mono-Si cell (>21.7%) price revision is 0.94~0.99 RMB/W. The price of the bifacial superior high-efficiency mono-Si cells (21.7%) remains unchanged at 1.02 RMB/W.
Modules
This week, the module market price showed a slight revision. In the overseas market, the market was quiet due to the New Year. In the Chinese domestic market, the price showed a slight revision. Due to the timing, the manufacturers were likely to be having year-end clearance sales.
In the overseas market, the range of the general multi-Si (270-275W) price revision is 0.197~0.200 USD/W at the moment. The average price is lowered to 0.198 USD/W. The price range of the high-efficiency multi-Si (280-285W) remains unchanged at 0.205~0.225 USD/W. The price range of the general mono-Si (290-295W) remains unchanged at 0.202~0.225 USD/W. The price range of the high-efficiency mono-Si (300-310W) remains unchanged at 0.295~0.320 USD/W. The price range of the superior-high efficiency mono-Si (>310W) remains unchanged at 0.233~0.395 USD/W.
In the Chinese domestic market, the range of the general multi-Si (270W~275W) price revision is 1.53~1.65 RMB/W. The average price remains unchanged at 1.63 RMB/W. The price range of the high-efficiency multi-Si (280-285W) is revised down to 1.62~1.68 RMB/W. The average price is lowered to 1.65 RMB/W. The price range of the general mono-Si (290W~295W) is revised down to 1.63~1.69 RMB/W. The average price is lowered to 1.67 RMB/W. The price range of the high-efficiency mono-Si (300-310W) is revised down to 1.71~1.79 RMB/W. The average price is lowered to 1.76 RMB/W. The price range of the superior-high efficiency mono-Si (>310W) is revised down to 1.76~1.82 RMB/W. The average price is lowered to 1.80 RMB/W.
