Solar silicon material: prices continue to rise, the overall monocrystalline material with the RMB offer of about 240 yuan / KG
Most of the solar silicon orders for February have been signed, and there are not many remaining materials available for sale in the market. The prices of scattered loose orders have pushed up the solar silicon prices this week.
Most solar wafers, solar cells and photovoltaic modules enterprises maintain normal production during the Chinese New Year, solar silicon shipments are smooth, there is no inventory pressure for the time being, the market demand is high, most enterprises are observing the market development in the first week after the Chinese New Year.
Solar silicon production operation and shipments, China's 12 solar silicon enterprises in production, before the maintenance of maintenance enterprises have resumed production, February is expected to 1-2 enterprises into the maintenance, but the impact is small, the increment mainly from the expansion of production capacity gradually increased. Based on good market demand, solar silicon production is still unable to meet the demand for solar wafers, the mismatch between supply and demand will continue, and solar silicon prices are expected to show an upward trend in February.
Solar wafer prices rose slightly this week, with the mainstream transaction price of M6 solar wafer at around USD 0.825/PC, M10 solar wafer at around USD 0.99/PC, and G12 solar wafer at around USD 1.31/PC. In the last week before the Chinese New Year, leading companies have raised their solar wafer prices, and second- and third-tier solar wafer companies have followed suit, but the volume of transactions is low. Growth, but based on the limited supply of solar silicon in February, the market supply and demand is tight balance, solar wafer prices in February still have the possibility of upward adjustment.
This week, solar cell prices rose slightly, with M6 solar cells sold at around USD 0.171/W, M10 solar cells sold at around USD 0.176/W and G12 solar cells sold at around USD 0.177/W. In the last week before the Spring Festival, the leading solar cell companies lowered the price of M6 solar cells, and for the first time, the price of M10 solar cells, and the price of G12 solar cells remained unchanged, but the adjusted offer was still at the normal level of the market and did not drive the market price trend. With the upstream solar silicon and solar wafer prices continue to rise, as well as Q1 2022 exceeded expectations of the end demand, solar cell prices have the possibility of continued upward adjustment, but taking into account the acceptance of photovoltaic module companies, solar cells and upstream and downstream solar silicon wafers, photovoltaic modules link confrontation of the situation, solar cells will continue to bear the price pressure.
During the Chinese New Year, some first-line enterprises continued to maintain a high production start-up rate, and shipments were relatively smooth. In the first week after the Chinese New Year, based on the market demand became larger, some enterprises have received new orders demand, the market negotiation atmosphere is more active, some of the bulk orders of the offer has risen to USD 0.314/W price, but there is no actual transaction. This week, the mainstream transaction price of monocrystalline 166MM PV module is about USD 0.29/W, the mainstream transaction price of monocrystalline 182MM PV module is about USD 0.295/W, and the mainstream transaction price of monocrystalline 210MM PV module is about USD 0.295/W.
On the demand side, overseas market, India will impose a 40% tariff on PV modules and 25% tariff on solar cells from April 1; the United States extended 201 tariffs and raised the duty-free quota for imported solar cells from 2.5GW to 5GW, domestic policies have been introduced to support the development of renewable energy sources such as PV, a number of PV projects into the bidding process, the end market demand is large. As the upstream prices continue to rise, photovoltaic module companies take into account the acceptance of the terminal project business, the price is not likely to rise sharply, is expected to remain stable in February with a small increase in the trend.
Auxiliary materials, glass prices this week, a small increase in the Chinese New Year, the photovoltaic module enterprises to maintain operations, the glass market also maintain normal shipments, in the current photovoltaic glass link profits are at a low level, the various links of the industry chain have raised prices, some glass enterprises try to raise prices, but the PV group price enterprise acceptance is not high, the volume of transactions is small. This week, 3.2mm thickness of the glass price mainstream transaction price rose slightly to about USD 4.246/㎡, 2.0mm thickness of the glass mainstream transaction price rose slightly to about USD 3.30/㎡.
After the Chinese New Year, the PV industry chain terminal market demand is good, due to the PV industry front-end solar silicon supply restrictions, the market demand for silicon is greater than supply, silicon and silicon wafer prices have increased slightly, is expected to continue next week there is the possibility of upward adjustment.
Photovoltaic module, with the upstream silicon and silicon wafer prices continue to rise, the cost pressure of cells and modules rise, photovoltaic module prices this week, although not much, temporarily to meet the terminal photovoltaic system installer acceptance, is expected next week component prices without the possibility of a significant increase, but there is a small increase in the possibility of hope that the installation of terminal projects customers as early as possible to place orders to lock the price of photovoltaic modules.