as some wafer companies reduce production utilization, polysilicon demand drops adding to polysilicon price cut pressure. On the other hand, polysilicon traded outside of China remains rather stable under constant demand.
Overall module price remains stable this week. In China, as system deployment remains weak, module prices stay constant. While in Japan, system developers request for lower module prices due to the FIT cut in Apr. On the other hand, Chinese module makers raise prices in the US to reflect higher Taiwanese cell costs. Therefore, balancing module prices worldwide, overall module price stays stable this week.
Multi wafer price drops this week. In China, weak cell demand adds pressure to wafer pricing. Some Chinese cell companies lower wafer purchasing with increasing inventory on hand. While wafer companies in China are also accumulating inventory under weak sales that some reduce production utilization to adjust inventory level. In Taiwan, wafer companies still intend to keep prices above $1/piece while cell companies target lower pricing. As such, multi wafer faces increasing price cut pressure this week. On the other hand, although mono demand remains solid; mono wafer price moderately drop this week. Negatively impacted by the polysilicon pricing downtrend, mono wafer experiences some pricing pressure. In addition, since mono solar cell and module pricing declines, mono wafer face further price cut pressure.
Polysilicon prices decline this week due to pricing downtrend in China. Spot polysilicon prices are also negatively impacted by the multi wafer price downtrend. In addition, as some wafer companies reduce production utilization, polysilicon demand drops adding to polysilicon price cut pressure. On the other hand, polysilicon traded outside of China remains rather stable under constant demand.