Solar panel prices continue to drop slightly this week. Although the demand in Japan and India remains solid in near term, such demand still hard to reverse the downward price trend due to the competition initiated by major suppliers. In China, although many anticipate for installation rush before the FiT deadline June 30th, currently there is no any sign indicates that the demand has significantly jumped. In Japan and India, under the traditional hot season, major suppliers are still competing on prices to bid the orders with a mild descent. On the other hand, solar panel prices in EU, US, and he emerging countries are comparatively more pressurized. The persistent competition among major module players is resulted in lowing tariff rates for recently released PV projects. As the result, overall solar panel prices this week continue to drop.
Multi-crystalline and mono-crystalline cell prices remain immobile this week. As many solar cell makers intend to leverage the production suspension during the lunar New Year as a strategy to increase the price quotes, the attempts are difficult in success to major buyers, since major module makers seem not to have much tolerance to accept the price hike under the circumstance of pressurized solar panel prices and are taking wait-and-see attitudes ahead of lunar New Year for price negotiation for February orders. Moreover, as major solar cell makers manage to raise their production utilization rates and to replenish the inventories, this implies solar cell supply will be sufficient to fulfill the order in February. Therefore, major solar cell buyers doubt the current intentions on solar cell price rising would be successful. Although such attempts by solar cell makers may reflect overly optimistic sentiments, it does help to relieve partial market fears and help to stabilize solar cell prices temporarily.
Multi-crystalline wafer prices also stay flat this week. Although major Chinese multi-crystalline wafer manufactures try to raise their price quotes, major buyers are still waiting for solar demand to make up their mind to accept these deals or not. Moreover, there are not much of indications that market demand will surge strongly to outstrip the supply. Hence, major buyers intend to wait after lunar New Year to settle down prices as the downstream demand and prices do not have any obvious recovery at this time. On the other hand, mono-crystalline wafer continues on a mild ascension with persistent supply shortage. The top tier mono-crystalline wafer makers have raised price quotes in China, but hold their price quotes stable for overseas markets. Meanwhile, since mono-crystalline wafers supply remains tight, 2nd tier suppliers continue to raise prices, with some deals done for February. Therefore, the supply shortage of mono-crystalline wafer continues to be the key behind the strength in mono-crystalline prices, but the scope is still limited, as restrained by the clam downstream prices.
Polysilicon prices continue to rise this week. Although polysilicon price in China has risen to an extent that nears the saturation points, Chinese polysilicon suppliers continue to push up prices successfully, as buyers still concern the possible effects of AD and CVD against Korean suppliers. While in overseas markets, polysilicon prices remain a mild improvement as no dumping behaviors has been observed so far from Korean suppliers during the review of AD and CVD in the Chinese market. Moreover, some American polysilicon suppliers are ramping up productions that the supply in overseas market are more balanced in comparison to China. As the result, overall polysilicon price continue to improve this week amid rising Chinese polysilicon prices.