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Longi raises wafer prices as polysilicon hits $34.98/kg – pv magazine International

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The China Nonferrous Metals Business Affiliation (CNMIA) mentioned monocrystalline silicon costs ranged from CNY 222 ($32.30)/kg to CNY 248/kg final week, up 31.37% from mid-January. Longi, in the meantime, raised wafer costs by greater than 15%.

CNMIA’s silicon department reported that polysilicon costs rose after the Chinese language lunar 12 months and are prone to stay at present ranges for a comparatively very long time, as a result of elevated demand from wafer producers.

It mentioned that uncooked materials costs ranged from CNY 230/kg to CNY 250 final week, and famous that monocrystalline silicon costs ranged from CNY 222/kg and CNY 248/kg, rising to 31.37 % from mid-January. The group mentioned the typical worth of monocrystalline silicon has now hit CNY 235/kg.

“After the brand new Chinese language New 12 months vacation, wafer producers returned to a excessive charge of operation to deal with the decrease orders. In consequence, they rapidly used up all of the polysilicon in inventory, “mentioned the CNMIA. “This has contributed to a tense provide scenario and better costs.”

The affiliation says the current drop in polysilicon costs is a short lived phenomenon.

“Wafer producers have elevated their working charges in response to error indicators, leading to an unprecedented enhance in polysilicon demand,” CNMIA mentioned. “Patrons of polysilicon will make buying choices as quickly as potential and can know the value as quickly as potential in the course of the worth enhance, as a result of the inventories are lowering and the stress will rise on the producers to fill their shares. inventory. This may possible result in a continued worth enhance.”

The CNMIA mentioned it expects a long-term worth rebound within the first half of the 12 months, earlier than one other collection of latest polysilicon vegetation come on-line.

Alternatively, Longi raised the value of its wafer merchandise. The photo voltaic producer now costs M10 p-type, 150-micrometer wafers at CNY 6.25 every, up 15.74%. It offered its M6 wafers at CNY 5.40 every, up 18.94%.

“The value enhance is especially because of the current giant enhance within the worth of upstream polysilicon,” Longi mentioned in an announcement. “The corporate’s silicon wafer costs must be adjusted in step with the market.”

That is the primary time this 12 months that Longi has raised costs. The final silicon wafer worth replace was on December 23, 2022.

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