Polysilicon price should perform 1-3.5% increase next week. The market dealing price of polysilicon in the spot market is elevating from RMB130/kg and gradually reaching RMB135/kg. Some polysilicon suppliers have already raised the price quote to RMB140/kg.
Polysilicon price should perform 1-3.5% increase next week. The market dealing price of polysilicon in the spot market is elevating from RMB130/kg and gradually reaching RMB135/kg. Some polysilicon suppliers have already raised the price quote to RMB140/kg. Because the policy for providing certificate of manufacturing origin to China customs, Chinese traders and polysilicon suppliers are offering the imported polysilicon at the price of USD18-18.5 per Kg. As a result, polysilicon price should experience a sequential price increase next week.
Some major wafer makers, such as GCL and GET, are intending to raise wafer price quotes recently. However, wafer buyers are opposed to the wafer price increase since falling cell price acts a key obstacle. Furthermore, there seems to be increasing procurement on less efficiency wafers on the spot market as downstream cell makers intend to produce lower quality cells. In view of persisting price resistance, multi wafer price is likely to be flattish next week. As for mono wafer, the price is expected to drop by 0-1% because major Chinese mono wafer makers are offering lower mono wafer prices than non-Chinese mono wafer makers, especially much lower than Korean wafer makers.
Overall cell demand from China, Japan and US looks solid. However, multi cell price will likely present a 0-1% decline sequentially next week as the continuously weak demand from Europe weighs on overall cell price and the price gap shrinking between Chinese cells and non-Chinese cells. Furthermore, some European clients are demanding lower cell price to fit their module selling price. Due to rising procurement for lower efficiency cells in the spot market, overall multi cell price is expected to fall moderately next week. Mono cell price is also likely to drop 0-1% next week as Japanese and US clients are negotiating for further price cut to fit mono module price correction.
Multi module price is expected to go up 0-1% while mono module price is expected to edge down 0-1% next week. Due to the effect of guarantee price to Chinese modules in Europe, Chinese solar module maker must raise their prices in Europe to over 0.56 euro per watt since the beginning of Aug. On the other hand, because mono module price is higher than the guarantee price now, some Chinese solar module makers are trying to cut their mono module price to make their module price competitive in Europe. Moreover, Chinese solar module makers are also doing their best to expand their market share outside Europe and doing price competition for covering the demand lost from Euro zones. Therefore, multi module price is expected to increase moderately next week while mono module price may continue to trend down.
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