PV industry supply chain prices: silicon prices fall less, Chinese New Year stockpiling drives industry chain prices to remain stable
PV silicon material: prices continued to drop, with a drop of around 2.13%.
Near the end of the month, downstream enterprises are signing orders for the next month. The average price of PV monocrystalline material for some first-tier enterprises is maintained at around USD 36.19/KG, but the market has seen transaction prices lower than USD 34.62/KG. Downstream prices were basically stable this week, and some PV silicon companies had more room for price fluctuations on long orders to reduce their inventories. Influenced by the recent offer of PV silicon in China, overseas PV silicon prices have fallen in tandem, with recent prices at around USD 31.9/KG.
PV wafers: small fluctuations in quotes, orders entered the landing stage, transaction prices gradually clear, the inventory dropped significantly less.
Demand for polycrystalline PV wafers has been low and prices have fallen sharply, with mainstream transactions at USD 0.275-0.279/PC; monocrystalline PV wafer prices have varied, with G1 prices falling and mainstream transactions at USD 0.747-0.758/PC, M6 mainstream transactions at around 0.769/PC, M10 mainstream transactions at USD 0.895-0.911/PC and G12 mainstream transaction price around USD 1.25/PC.
The production and shipment of PV wafers are observed, and the current PV wafer start-up rate is low. With the continued downward adjustment of PV silicon prices and the demand for downstream stocking before the Chinese New Year, the PV wafer start-up rate is expected to increase. The inventory of PV wafers is gradually decreasing, and the demand for downstream stocking is gradually becoming larger in late December, with the price of PV silicon falling less and wafer prices remaining stable for the time being.
Solar cell: quotes remain stable, no significant fluctuations in overall quotes
The price of monocrystalline M6 was temporarily stabilized at around USD 0.160/W, M10 at USD 0.169-0.172/W and G12 at USD 0.165-0.176/W. With the acceleration of PV wafer destocking, the upstream silicon and wafer prices have stabilized and solar cell companies have started to place orders. This week in the downstream photovoltaic modules under the pull of the Spring Festival stocking demand, photovoltaic module side of the cell side of demand slightly increased, solar cell shipping prices gradually clear. Observe the solar cell production operation, some solar cell factory start rate slightly increased, but by the epidemic, some areas of production restrictions, the overall market start rate has been adjusted downward.
Photovoltaic modules: quotes out of the downward trend, some monocrystalline product prices have been reduced.
This week, the demand for PV modules is mainly from the Chinese New Year stocking, the market demand is not obvious, with the recent PV With the recent decline in prices of various segments of the PV industry chain, some terminal projects are expected to start after the year, first-tier PV module enterprises plan to raise their start rates for stocking, while the overall start rates of small and medium-sized PV module manufacturers in China are still low, and the demand for the first quarter of next year is uncertain, the market transaction is not active, according to the recent bidding project prices in China, PV module enterprises are expected to have a large price difference, and some first-tier PV module enterprises are still offering Continued downward adjustment, expected next week PV module market prices continue to fall.
In terms of auxiliary materials, this week's glass prices are stable for the time being, with no obvious signs of market fluctuations. 3.2mm thickness glass prices are around USD 3.927-4.086/㎡ and 2.0mm thickness glass prices are around USD 2.98-3.30/㎡. In terms of raw materials, the price trend remained stable and the inventory of enterprises continued to increase. Despite the downward price adjustments in all major segments of the industry chain, the end market demand is unknown and glass prices are not showing signs of rising.
Next week's price forecast.
At present, the overall market demand has slightly improved compared to December, of which Europe, India market relative to December demand up, the rest of the market demand is relatively light. PV module inventory is already at a normal level, and driven by the pre-Spring Festival stockpiling, PV module manufacturers will raise production to 70-80% in January. On the price side, the demand for the first quarter of next year is not clear, the market transaction is not active, is expected next week PV module market prices will continue to fall.