Supply Side Prices Keep Falling For Solar Panel Production

Let's have a chat about the current pricing in the solar panel industry market.  Market demand continued to show weakness and prices continued to fall this week. The end of EU’s MIP will undoubtedly lead to a downward trend in local trade prices, but buyers and sellers are about to negotiate, and it will be some time before it affects actual transaction prices. Upstream polysilicon and si-wafer manufacturers extended to control generation to cope with soft demand, and si-wafer manufacturers may cut capacity utilization again. Demand of PV cell and module was weak. Some solar panel module manufacturers considered stockpiling in advancement to avoid low-priced sales, waiting for the appearance of the peak season at the end of the month.

Solar Panel Polysilicon

Here is some recent off the press news. This week, polysilicon supply and demand mostly continued flat. In September, there will be approximately 2000 tons of supply reduced due to routine maintenance in China. Yet, there will be manufacturers restoring generation. The supply volume of the entire month is expected to be a little different when matched to August. Thus, price stability can be prepared, and there may even be an upward adjustment. So far, China’s domestic multi-si material price has remained at RMB83-92/KG. Mono-si substance price has remained at RMB90-98/KG. For overseas multi-si material, due to the weak demand in China, the bargaining space of long term plans became big. The price has been affected, with the current price at US$10.3-12.3/KG and the average rate at US$11.5/KG.

Solar Panel Si-wafer

This week, the price of si-wafer declined with soft demand. Major multi-si wafer manufacturers began to reduce capacity utilization, hoping to control the supply to stabilize costs. Mono-si wafer price held steady, but lowering potential usage has been considered. However, small- and medium-sized factories have been inadequate to support the price. They started selling at low prices, making the prices of mono-si and multi-si wafer drop to RMB2.90-3.25/PcandRMB 2.25-2.30/Pc. Black silicon product price has declined to RMB 2.50/Pc. The price of mono-si wafer in the overseas market has settled at US$0.400-0.425/Pc, while multi-si price has slightly decreased to US$0.300-0.310/Pc. Black silicon product price has been reduced to US$0.350/Pc.

Solar Panel Cell

Taiwanese and Southeast Asian PV cell producers were forced to decrease price to the same level as Chinese PV cell this week, determined by the end of EU’s MIP. So far, China’s domestic general mono-si price has reached RMB1.00-1.06/W, and high-efficiency mono-si price has continued RMB1.07-1.15/W. General multi-si price has continued RMB0.93-0.97/W.

For overseas market, general mono-si price has reached US$0.117-0.138/W. High-efficiency mono-si price has been reduced to US$0.155-0.163/W, with average price of US$0.162/W. For multi-si, the price has been maintained at US$0.111-0.142/W, with the drop of average price to US$0.112/W.

Solar Panel Module

What about solar panel modules? In the same fashion as PV cell segment, for the modules manufactured in southeast Asia, their prices have been accelerated down to the same level as Chinese products. The quotes of China’s domestic module producers are similar to last week’s. Although the demand was weak, owing to limited price reduction space, the price has declined slowly. So far, general multi-si (270-275W) price has been reduced to RMB 1.80-1.90/W, and high-efficiency multi-si (280-285W) price has also remained RMB1.80-1.90/W. General mono-si (290-295W) price has moved to RMB1.83-1.90/W. High-efficiency mono-si (300-305W) price has continued RMB2.10-2.20/W, with an average price of RMB2.15/W. The demand in Chinese market is still weak. It is assumed that the Top Runner Program at the top of the month will drive high-efficiency demand.

World Market? For the overseas market, prices have degenerated because of weak demand. General multi-si price has continued US$0.227-0.280/W, with the average price dropping to US$0.245/W. High-efficiency multi-si price has been US$0.244-0.280/W, with the average price dropping to US$0.250/W. General mono-si price has been US$0.247-0.400/W, with the average price dropping to US$0.265/W. High-efficiency mono-si price has been US$0.275-0.415/W, with the average price falling to US$0.280/W.

Now you have a great amount of knowledge on the solar panel prices are at historic lows.  Get your own solar panels today here at HahaSmart for the prices that reflect the market trend.

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