In EU, the possible imposition of EU anti-dumping and countervailing duties has resulted in decreased module imports from China and growing demand for modules with Delivery Duty Paid (DDP) for avoidance of retroactive tariffs.
Uncertainties of anti-dumping issue continue to usher module price in a mild increase this week. In EU, the possible imposition of EU anti-dumping and countervailing duties has resulted in decreased module imports from China and growing demand for modules with Delivery Duty Paid (DDP) for avoidance of retroactive tariffs. US module prices keep upwards amid rising non-Chinese cell cost, but the growth constrains by system prices. Japan module prices, which are relatively high above the market average, descend slightly this week as a result of sharp JPY depreciation. Overall, module price still shows modest upside this week.
Cell prices in Japan move up sequentially this week, mainly driven by elevating demand for high-efficiency cell. Cell prices in US traded slightly higher as US anti-dumping case has pushed up non-Chinese cell price. Nevertheless, cell makers are difficult to raise cell prices further in Europe as local module manufacturers, with relatively-weak financial status, are less comfortable for further price increase. To sum up, cell price upside appears less strong this week compared to the past few weeks.
Multi and mono wafer prices keep stable this week. Non-Chinese wafer makers seem to try increasing their prices on account of relatively strong demand from non-Chinese cell makers upon EU anti-dumping tariff concerns. However, the major Chinese wafer makers maintain moderate pricing policy in China, which confines the wafer competitors from aggressive price increase. As a consequence, multi and mono wafer price keeps flattish growth this week.
Downtrend in Polysilicon price persists this week as current supply outstrips demand. The polysilicon buyers are turning more cautious on procurement as uncertainties of China polysilicon anti-dumping investigation. Additionally, major solar players have the extra inventories under their contract obligation so as to plan to resell but there are the limited transactions in the spot market now. Therefore, the polysilicon prices stabilize, when polysilicon players are cautious and the result of China polysilicon antidumping tariff is approaching.