With a rising wait-and-see sentiment rising out there, the costs of silicon wafers and silicon materials on the upstream finish have began exhibiting indicators of falling.
Costs final week for G12 mono wafers (210mm/150μm) have been between RMB9.7-9.73 (US$1.35) per piece, with the common transaction value dropping to RMB9.71 per piece, a weekly decline of 0.1%.
The value vary of M6 mono wafers (166mm/160μm) was RMB6.23-6.33 (US$0.87-US$0.88) per piece, and the common transaction value was stabilised at RMB6.26 per piece. The value of M10 mono wafer (182mm/150μm) was RMB7.3-7.48 (US$1.01-1.04) per piece, with the common transaction value stabilising at RMB7.41 per piece.
Though costs for M6 and M10 wafers remained flat week-on-week, each confirmed a small decline the week earlier than. The value vary of M6 mono silicon wafer (166mm/160μm) was RMB6.23-6.33 (US$0.87-0.88) per piece, and the common transaction value dropped to RMB6.26/piece, a weekly decline of 0.16%.
Costs for M10 mono wafers (182mm/150μm) have been RMB7.3-7.48 (US$1.01-1.04) per piece, and the common transaction value dropped to RMB7.41/piece, a weekly decline of 0.13%. G12 mono silicon wafers (210 mm/150μm) have been RMB9.7-9.73 (US$1.35) per piece, with the common transaction value stabilising at RMB9.72 per piece, the identical because the week starting 14 November.
The Silicon Business Department of China Nonferrous Metals Business Affiliation (CNIA) stated that the slight drop within the quotes final week was primarily as a result of value cuts by some wafer firms. In the meantime, home demand confirmed indicators of turning into weaker.
As for cells, as a result of provide and demand mismatch of the commercial chain attributable to differentiated technical routes, mainstream wafer sizes confronted extra strain in a declining market. At current, the buying and selling value for mainstream cells is 1.35-1.37 (US$0.19) per watt. As for modules, demand for centralised varieties goes down whereas distributed variants stay fashionable.
It’s price noting that, along with wafer value drops, there may be additionally a slight loosening of silicon costs on the upstream finish.
In line with the newest quote from PVinfolink final week, polysilicon costs additionally fell. The best value decreased from RMB307/kg (US$42.66) to RMB306/kg, down by 0.3%, whereas the common value declined by the identical quantity.
It’s reported that though there was no vital lower within the mainstream value of mono dense poly, there have been rising gaps amongst quotes from completely different producers, and the quotes from second-tier producers regularly declined.
Though the decline was very delicate, the sign is noticeable sufficient given the persistence of sturdy silicon costs for the reason that starting of the yr. Coming into the fourth quarter, the main focus of the PV market has shifted from the worldwide stage to inside China, and the native market is turning into extra pressing to insert strain on the product costs.
Beforehand, Three Gorges Vitality stated in reference to its PV module procurement and building that module pricing has all the time been maintained at a excessive stage in 2022. The typical buying value was RMB1.9-2 (US$0.26-0.28) per watt and at the moment stays at a excessive stage. The most recent procurement quote reveals that RMB2 per watt or greater remains to be in sight.
If supplying and putting in modules in response to present costs, some tasks will face unplanned dangers and narrower returns, which can have sure impacts on the development schedule and the interior price of return.
Topic to present issues of fluctuations, process delay, excessive module costs and slowed venture building, large-scale PV tasks could discover it tough to proceed as the top of the yr approaches, particularly for large-scale module set up.
