L R AS Published on Monday 25 January 2021 - n° 347 - Categories:the prices

Producer prices of 20 January 2021

The trend according to PV InfoLink: polysilicon prices are rising. Buyers continue to buy before the Lunar New Year (scheduled for 12 February)

Silicon :

According to PV InfoLink : Manufacturers are executing their current contracts and will deliver before the Lunar New Year (12 February). Demand is expected to remain strong

by then when there is nothing left to sell. Some wafer manufacturers are concerned about delivery delays due to the pandemic and are seeking to acquire additional silicon in case they cannot be delivered or need more materials. Some silicon manufacturers are taking advantage of this to delay their sales... Prices are rising. Few new contracts signed

Prices for single grade polysilicon have increased this week to reach 85-89 RMB/kg on the market and 86 RMB/kg on average. Prices will change next week with quotations provided by LONGi. An increase is to be expected.

Polycrystalline prices are stable between 53 and 56 RMB/kg as wafer manufacturers have reduced production, balancing supply and demand.

Price negotiations on foreign silicon are going well, with increasing demand. The price of monosilicon has risen to between $10.7 and $11/kg.

Wafers :

According to PV InfoLink : The market price of mono-Si wafers has remained stable this week compared to previous levels. Most Tier 1 mono-Si wafer producers are doing well and are booked up for January; some customers have started to close contracts for February and are even ready to place advance orders. This week, mono-Si wafer prices reached 3.11-3.14 RMB/piece for the G1, 3.2-3.24 RMB/piece for the M6, 3.87-3.9 RMB/piece for the M10 and 5.48 RMB/piece for the G12 in China. 0.425-0.429/USD/unit for the G1 and 0.438-0.442 USD/unit for the M6 in non-Chinese markets.

Since the fourth quarter of last year, materials for thermal furnace surfaces have been in short supply. As a result, the new mono-Si wafer production lines have been commissioned at a slower pace than expected. The production capacity for mono-Si wafers has been spread over different formats. In addition, new mono-Si cell production lines are being commissioned earlier than planned, which has led to a shortage of mono-Si wafers. Against this background, prices for mono-Si wafers are expected to remain stable until the Lunar New Year.

This week, the market price of multi-Si wafers remained at 1.15-1.49 RMB/unit in China and 0.162-0.203 USD/unit abroad.

The cells :

According to PV InfoLink : Some producers are struggling to do business because of the escalating corona pandemic. The price of G1 cells is currently between 0.9 and 0.91 RMB/W, after having fallen slightly in a context of increasing supply, with low-price contracts concluded between 0.88 and 0.89 RMB/W.

Tier 1 manufacturers are turning to larger formats. Several cell manufacturers have returned to the G1 format, which is in high demand. The price of G1 cells is expected to remain at a high level until the Lunar New Year. After that, it may start to fall.

The price of M6 cells continues to fall, with transactions concluded at 0.83-0.86 RMB/W. The price range for M6 cells has narrowed to 0.85-0.86 RMB/W for Tier 1 manufacturers and to a bargain level of 0.8-0.83 RMB/W for Tier 2 and Tier 3 manufacturers.

Prices for large cells fell slightly this week, averaging 0.91 RMB/W for M10 and 0.92 RMB/W for G12. As large cells are still in their infancy and compatible wafers are not readily available, these cells are mainly produced by OEM and ODM companies. As a result, the prices of these cells are relatively stable.

The panels :

According to PV InfoLink: On 20 January, the National Energy Administration announced that China added 48.2 GW of new solar capacity last year, after commissioning record levels of capacity in the fourth quarter. This indicates growing domestic demand.

The number of new contracts in non-Chinese markets is low, against a backdrop of a depreciating dollar and exorbitant transport costs. However, with many projects postponed in China and abroad in the first quarter of this year and a still positive outlook for demand for solar panels throughout the year, panel prices remain stable and this trend is expected to continue in the first half of the year.

In the second half of the year, prices could rise to around 1.5 RMB/W or 0.205 USD/W for orders scheduled for delivery in the third quarter.


PV InfoLink of 20 January 2021

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