Module price slightly drops this week while global demand remains diminishing. The 1st tier module players in China seem to achieve their quarterly sales targets through some markets, such as the UK, Japan, and India, so as to have less pressure recently.

Module price slightly drops this week while global demand remains diminishing. The 1st tier module players in China seem to achieve their quarterly sales targets through some markets, such as the UK, Japan, and India, so as to have less pressure recently. On the other hand, because some 2nd and 3rd Chinese solar module suppliers are still offering around $0.50 per Watt, this continues to give the price pressure to all solar panel suppliers. Fortunately, there is no serious price correction from these solar panel makers at this moment. Without the fierce price competition, although the market condition sustains depressed, the module price drop slowly.
Overall cell price declines seriously this week. Seeing the dim cell demand, the 1st tier module manufacturers are suspicious about the orders in the second quarter. As a result of the conservative orders, a panicky selling pressure occurs among Taiwanese producers. Moreover, major Taiwanese solar cell makers also incline to dump their products to keep the utilization rate high in order to optimize their production cost. Yet, for Chinese cell producers, there are supply contract from some original design manufactures to spare them from panic. In addition, solar cell players in Malaysia and Korea are driven by the demand recovery in the US to stabilize their prices. Consequently, worldwide cell price descends this week.
The downstream price downturn affects the wafer prices drop further and mono wafer price with less demand steps down more seriously than multi one. Some 1st multi wafer players intend to defend their selling prices and increase their inventories tactically to counter the slow demand; they expect the selling prices and demand in second quarter will be improved so as not to be rush to sell their wafers in March. Nevertheless, not all the players in the market are able to carry their inventories strategically because of the tight cash flow, especially the 2nd and 3rd multi wafer providers. Thus, the 2nd and 3rd multi wafer makers are still offering low price products to the market to ease their cash flow stress. In total, the multi wafer price goes down further. As for mono wafer price, it continues to drop significantly on the purpose of simulating the mono wafer demand.
In general, the polysilicon companies with some strategic inventories building in the past two months continue to maintain the high utilization rate and now have the increasing pressure from the approaching quarterly results. Major polysilicon makers are gradually to offer some attractive price in the market now. Major Chinese polysilicon suppliers are also adjusting their prices down. With the increasing inventory pressure and the slow demand, polysilcoon price turn the obvious down trend in March.