Silicon wafer costs continued to drop final week, in keeping with figures from the Silicon Trade Department of the China Nonferrous Steel Trade Affiliation.
M6 mono wafers (166mm/155μm) have been priced at RMB5.8-6 per piece US$0.83-0.86), with the common transaction worth dropping to RMB5.99 per piece, a weekly decline of three.7%.
For M10 mono wafers (182 mm/150μm), costs have been quoted at RMB6.6-6.8 per piece, as the common transaction worth fell to RMB6.77 per piece, down 5.45% on the week earlier than.
Lastly, G12 mono wafer (210 mm/150μm) costs have been RB8.7-9 per piece. The typical transaction worth dropped to RMB8.88 per piece, a fall of 4.2%.
| Merchandise | Lowest worth | Highest worth | Common worth | Week-on-week change |
| M6 mono wafer (166mm/155μm) | 5.8 | 6 | 5.99 | -3.7% |
| For M10 mono wafer (182 mm/150μm) | 6.6 | 6.8 | 6.77 | -5.45% |
| G12 mono wafer (210 mm/150μm) | 8.7 | 9 | 8.88 | -4.2% |
By way of provide, most corporations are decreasing their working price. A number of producers lower working charges final week, whereas others deliberate to scale back manufacturing masses and decelerate capability ramp-ups in December to handle extreme stock attributable to oversupply.
Nevertheless, since there’s a delay for corporations to scale back their working charges, costs is not going to be considerably impacted within the quick time period. In the long term, it is going to assist resolve the mismatch downside of provide and demand of the commercial chain.
For demand, there are coverage dangers exterior China the place enthusiasm for buying cells continues to be not excessive.
At current, the mainstream cell buying and selling worth stays between RMB1.35-1.37/W. The buying and selling worth of long-term module orders is stabilised at RMB1.92-1.95/W, with a concentrate on the execution of beforehand signed orders.
Adjusted native pandemic management insurance policies have stimulated end-user calls for, which is able to profit module producers.
Abroad, the US Division of Commerce has preliminarily dominated that 4 of the eight Chinese language corporations underneath investigation tried to evade tariffs by processing merchandise in Southeast Asian international locations earlier than transport them to the US.
In response, the Chinese language International Ministry stated the US’s judgment severely broken the soundness of the worldwide PV industrial provide chain and international efforts to sort out local weather change, and can finally hurt its personal pursuits.
In accordance with Chinese language and abroad set up demand and This autumn Chinese language module export expectations, the month-to-month demand for silicon wafers might stay weak.
In December, mono silicon corporations plan to scale back working charges, so the scenario of minor provide surplus could also be eased. Wafer manufacturing in December is predicted to be about 34GW and oversupply will proceed, so the worth is predicted to fall barely.
