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LONGi lowers solar wafer prices on changes in supply and demand

November 30, 2022
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LONGi lowers solar wafer prices on changes in supply and demand
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LONGi Inexperienced Power’s investor relations division stated the wafer value discount is because of modifications in market provide and demand. Picture: LONGi Inexperienced Power.

Following information of decrease silicon materials costs, silicon wafer big LONGi Inexperienced Power has introduced a small discount in its wafer costs.

On November 24, Longi Inexperienced Power lowered the worth of its 155μm p-type M10 (182/247mm) mono wafers by 1.6% to RMB7.42 (US$0.93).

Product Worth (RMB) Worth (US$)
155μm p-type M10 (182/247mm) 7.42 0.928
155μm p-type M6 (166/223mm) 6.24 0.78
155μm p-type M10 (182/247mm) 7.54 0.953
160μm p-type M6 (166/223mm) 6.33 0.80
LONGi’s mono wafer costs on 24/11/2022.

LONGi Inexperienced Power’s investor relations division stated the worth discount is because of modifications in market provide and demand.

In the meantime, Knowledge from PV InfoLink confirmed that the costs of 182 and 210 wafers fell by 2.1% and 1.6%, respectively, week-on-week. The company identified that the worth of mono wafers continued to fluctuate considerably.

Though there was no public value adjustment by first-tier producers, a wide range of versatile modifications had been made when it comes to order execution. Second- and third-tier wafer producers have made radical reductions of their costs to spice up shipments.

On November 23, China’s Nonferrous Metallic Trade Affiliation Silicon Trade Department additionally stated that mono wafer costs fell barely, as reported by PV Tech Premium right here.

Third-party evaluation within the business predicts {that a} value inflection level is across the nook.

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See also  European Commission Launches Solar Photovoltaic Industry Alliance
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