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Cell prices slip, weighed down by sustained falling upstream prices – pv magazine International


Within the new weekly replace for pv journalOPIS, a Dow Jones firm, gives a fast overview of the principle value traits within the international PV business.

Cell costs fell for the third week in a row as a result of continued declines in upstream costs. On Might 23, OPIS reviewed the principle market choices, Mono M10 cells at $0.1228 per W and Mono G12 cells at $0.1262/W. The costs of each cell sizes sustained a median of 4% lower week by week.

The costs of Mono G1 and M6 cells remained unchanged in the course of the week at $0.1529/W and $0.1316/W respectively; only a few transactions round Mono G1 and M6 cells have been reported out there. Multi cell costs, nevertheless, fell 2.75% to $0.1095/W this week with a supply from a serious Multi cell producer explaining that costs are anticipated to drop additional as a result of vital value cuts in upstream supplies.

Though costs within the PV worth chain are at present falling, a market participant revealed that cell costs are anticipated to stabilize within the coming weeks because of the restricted enlargement of manufacturing output within the -type cells. Regardless of this expectation, cell producers are nonetheless sustaining excessive working charges of their strains as a result of the stock within the cell section market continues to be at a manageable degree.

In response to a supply at a number one Tier-1 cell producer, they’ve shifted a big a part of their manufacturing strains from M10 cells to G12 cells because of the excessive demand of G12 cells which additionally resulted in wider variation. in value between Mono G12 and M10 cells. The present 20-80 market share ratio between n-type TOPCon and p-type cells is anticipated to degree at 50-50 by mid-2024, the supply defined additional.

Shifting ahead, cell value traits are anticipated to reflect stream costs, however with a small and gradual drop.

In the meantime, the market gamers under confirmed that the module costs remained unchanged this week regardless of the excessive value actions. Like its friends, a supply at a number one Tier-1 producer acknowledged that they won’t make any pricing bulletins till after SNEC, suggesting that offers have been struck between business gamers in the course of the commerce present. “change value”.

OPIS, a Dow Jones firm, gives vitality costs, information, knowledge and evaluation on gasoline, diesel, jet gas, LPG/NGL, coal, metals, and chemical substances in addition to renewable fuels and environmental commodities. It acquired pricing knowledge property from the Singapore Photo voltaic Trade 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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