6.5 C
New York

PV product prices resume downward trend, says TrendForce – pv magazine International


TrendForce says that polysilicon can be 3.2% cheaper in March than in February. It will result in decrease wafer, cell and module costs and successfully stimulate set up demand.

TrendForce stated it expects costs of polysilicon, photo voltaic cells, and modules to drop barely in February, when Chinese language producers unexpectedly raised costs throughout the provision chain.

“The costs of polysilicon started to say no in December final yr, so the foremost polysilicon suppliers started to restrict the provision out there,” the analysts stated, noting that the worth drop is said to the speedy improve in polysilicon capability all through the Chinese language business. “Subsequently, Chinese language polysilicon costs started to rally forward of the Lunar New Yr vacation this January, rising quickly to the present vary of CNY 220 ($31.55) to CNY 240 per kg.”

They stated they consider the common value of polysilicon will drop 3.2% from CNY 222/kg in February to CNY 215/kg in March. Wafer costs, alternatively, are prone to drop by 4.3%, from CNY 6.22 per piece to CNY 5.95 for M10 merchandise and from CNY 8.2 to CNY 8 for G12 merchandise.

Common costs for M10 units ought to lower by 3.6% from CNY 1.12 per watt to CNY 1.08 for M10 and G2 merchandise. The value of M10 and G12 monocrystalline panels, in the meantime, ought to fall from CNY 1.77 per W in February to CNY 1.74 in March.

“Wafer suppliers are considerably rising their capability utilization charges as polysilicon provide is increasing once more. Subsequently, wafer costs will be unable to maintain their upward momentum as provide turns into extra plentiful, “stated TrendForce. “The short-term tightening of wafer provide additionally places strain on cell provide. Nonetheless, there may be widespread expectation for this part of the rise, so cell consumers usually settle for greater costs.

Analysts stated the module costs will match the same old vary after the drop within the costs of supplies and elements.

“The autumn in module costs will successfully stimulate set up demand, and the height season for installations is anticipated to reach earlier in comparison with earlier years,” they defined, warning that the PV business in China might face extreme value fluctuations within the brief time period. “Subsequently, module suppliers are extra optimistic in regards to the market scenario from this March.”

“General, there’s a appreciable stage of uncertainty within the improvement of the worldwide PV market this yr,” they concluded.

This content material is protected by copyright and might not be reused. If you wish to cooperate with us and wish to reuse a few of our content material, please contact: [email protected]

Source link

Related articles


Recent articles