Polysilicon prices have stabilized this week, with limited short-term upside potential, as per the latest data from China’s Silicon Industry Branch.
| Material | Average Price (CNY/kg) | Average Price (USD/kg) | Weekly Change (%) |
|---|---|---|---|
| N-type material | 40.00 | 5.54 | 0.00 |
| N-type granular silicon | 36.50 | 5.05 | 0.00 |
| Mono recharge | 36.10 | 5.00 | 0.00 |
| Mono dense | 34.30 | 4.75 | 0.00 |
| Mono popcorn | 31.20 | 4.32 | 0.00 |
In the past week, n-type polysilicon prices have remained stable, while other types of polysilicon have also seen no significant changes.
Despite the steady prices, market activity has continued to cool, with transaction volumes declining further.
Thirteen companies remain in maintenance shutdown, and some have delayed their restart plans due to market conditions. New production in July is expected to drop by about 10%.
Solarbe Consulting reports that solar wafer and cell prices have also stabilized this week. In the wafer sector, July production is expected to reach 50-52 GW, with two leading companies increasing production. However, wafer inventory levels continue to decline, providing some price support.
In the cell segment, production forecasts for July are down to 49 GW, a 5.8% decrease from the previous month. Inventory levels are currently reasonable, and prices are expected to remain stable in the short term.
For solar modules, prices have temporarily stabilized this week. Domestic and international orders have seen some reductions, with July production forecasted at 48 GW. There is potential for further price declines as some companies continue to bid at ultra-low prices, challenging market order.
On July 9, China’s Ministry of Industry and Information Technology solicited public comments on the “Photovoltaic Manufacturing Industry Standard Conditions (2024 Edition) (Draft for Comments).” The draft outlines stricter capacity norms and incremental capacity management. As these policies are implemented, the supply-demand structure within the industry chain is expected to be gradually optimized.
