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Falling wafer prices continue to make headway for downstream prices – pv magazine International


Within the new weekly replace for pv journalOPIS, a Dow Jones firm, offers a fast overview of the primary value tendencies within the international PV trade.

In its newest value evaluation on Might 16, OPIS noticed wafer costs drop for every week whereas main wafer maker TCL Zhonghuan slashed its costs for the second time in as many weeks. Costs for Mono M10 and G12 wafers, the mainstream sizes, fell this week, with M10 wafers falling 9.26% to $0.696 per piece (computer) and G12 wafers which dived a sharper 16.02% to $0.818/computer.

Not resistant to this weak point, the much less bought M6 wafers additionally fell 5.17% to $ 0.624/computer. Mono G1 wafer costs remained unchanged at $0.666/computer as its commerce remained restrained within the face of declining market share.

Chat concerning the motivation behind and outcomes of Zhonghuan’s newest transfer — a big value lower of roughly 15% throughout wafer sorts — dominated this week’s market survey. Within the view of many sources, Zhonghuan is making an attempt to extend its market share by undercutting its essential rival, LONGi. By dropping G12 costs extra closely than M10 costs, Zhonghuan seems to be paving the way in which for G12 wafers to increase its share of the general wafer market, including supply.

Though some small wafer makers have been shocked by the pace with which the market chief slashed costs, it was “affordable” based on one market participant who believed that the value cuts amounted to a cumulative trickle-down impact within the discount of the home value of China polysilicon prior to now months.

As a result of continued softening of polysilicon costs as uncooked materials manufacturing will increase, OPIS expects wafer costs to reasonable within the close to time period and pave the way in which for decrease costs.

OPIS, a Dow Jones firm, offers vitality costs, information, knowledge and evaluation on gasoline, diesel, jet gasoline, LPG/NGL, coal, metals, and chemical compounds in addition to renewable fuels and environmental commodities. It acquired pricing knowledge property from the Singapore Photo voltaic Alternate in 2022 and now publishes the OPIS APAC Photo voltaic Weekly Report.

The views and opinions expressed on this article are these of the creator, and don’t essentially replicate these held by pv journal.

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