The solar industry witnessed another week of steady price adjustments in polysilicon, with the China Nonferrous Metals Industry Association’s Silicon Branch revealing the latest pricing data.
As of September 15th, transaction prices for n-type polysilicon range from CNY 90 to 99 per kg, with an average of CNY 92.3 per kg, reflecting a stable performance compared to the previous week.
Prices for mono recharge have risen modestly. Transaction prices now span from CNY 78 to 87 per kg, with an average of CNY 82.3 per kg, marking a 0.12% week-on-week increase.
Mono dense has experienced a more noticeable increase. Prices currently range from CNY 76 to 85 per kg, with an average of CNY 80.4 per kg, indicating a 0.63% week-on-week uptick.
Mono popcorn’s transaction prices vary from CNY 73 to 82 per kg, averaging at CNY 77.6 per kg, reflecting a 0.78% week-on-week increase.
These price adjustments constitute the ninth consecutive overall increase in polysilicon prices since July.
However, when compared to pricing data from September 6th, the current week’s increase appears relatively modest. Notably, p-type polysilicon prices have maintained their lowest point, with only a slight increase of CNY 1/kg at the highest end.
On the other hand, n-type polysilicon prices have remained steady after ten consecutive increases, offering hope for a renewed supply-demand balance.
Insights gained from discussions with industry experts reveal that recent minor reductions in module production, coupled with integrated manufacturers prioritizing their in-house cell production capacity, have resulted in an oversupply of products from specialized cell manufacturers.
This oversupply has led to a slight decline in prices, reducing the incentive for wafer manufacturers to ramp up production and, in turn, dampening the continuous rise in polysilicon prices.
Industry analysts anticipate that polysilicon prices are likely to remain stable in the near term, with only minor fluctuations expected.
Short-term prospects for solar wafers do not indicate any significant price adjustments. Still, it is crucial to closely monitor shifts in supply and demand dynamics and remain vigilant about the possibility of inventory depreciation.
Regarding the module sector, prices continue to hover near their lowest levels, with minor fluctuations and substantial cost pressures.
Integrated companies maintain a cost advantage in the range of CNY 0.09 to 0.12 per watt. Industry experts believe that module prices are approaching their bottom, potentially affecting manufacturers’ profitability.
However, developers may find opportunities for prudent inventory management by carefully evaluating product quality, post-sale warranties, and other factors.
