Silicon material
The domestic market price of level-1 material is 140 CNY/kg, and 120 CNY/kg for level-2 ones. The price of imported level-1 materials is $19.054 /kg, while it stands at $17.693 /kg for level-2 ones.
More wafer manufacturers started recovering their production after the Spring Festival, as the trading conditions of silicon materials are becoming more favorable. From January, the quotation of silicon material increased sharply, which also promoted a better dealing price, and the condition of the price increase is being accepted by some downstream manufacturers. During the negotiation, despite customers driving hard bargains, prices of deals are close to prices quoted.
Solar Wafer
This week, regarding mono-c-Si 125mm*125mm wafer, the price of tier-1 suppliers stood at 5.3 CNY/pc, and at 4.6 CNY/pc for tier-2 ones. As to mono-c-Si 156mm*156mm wafer, the price of tier-1 suppliers arrived at 8.5 CNY/pc, and 7.6 CNY/pc for tier-2 ones. In terms of poly-c-Si 156mm*156mm wafer, the price of tier-1 suppliers reached 6.50 CNY/pc, and 5.8 CNY/pc for tier-2 ones.
Though the market condition is sluggish in these days, promoted by the increase of the price before the Spring Festival, most manufacturers are still optimistic about the market. Now, the quotation remains firm, and some manufacturers are attempting to increase their quotation further. Many shut-down manufacturers tend to recover their production. But, since there are not enough workers available presently, the utilization remains low. Some firms worry that the future demand cannot support the market and the uptrend in price is difficult to maintain. Considering the AD&CVD investigation into domestic silicon materials will have an outcome in March, most manufacturers are watching the market closely. Some manufacturers worry that the prices of silicon materials will increase in the future market, so they are raising their quotation, based on movement of polysilicon.
Solar Cell
Currently, considering mono-c-Si 125mm*125mm cell, the price of tier-1 suppliers stands at 3.00 CNY/W, and 2.55 CNY/W for tier-2 ones. Regarding mono-c-Si 156mm*156mm cell, the price of tier-1 suppliers is at 3.00 CNY/W, and 2.60 CNY/W for tier-2 ones. In terms of poly-c-Si 156mm*156mm cell, the price of tier-1 suppliers has reached 2.55 CNY/W, and 2.40 CNY/W for tier-2 ones.
Trading conditions in cells were disappointing this week. However, considering the market usually recovers slowly after the Spring Festival, most manufacturers are optimistic. Last week, the price of cell had a slight increase, but considering that demand condition has seen no obvious improvement after the Spring Festival holiday, the price has difficulty moving up. Pricing is remaining stable. Currently, the price of mono-c-Si cells for tier-2 is almost the same in tier-1 manufacturers. Since mono-c-Si 125mm*125mm cell was lacking in previous days, the price increased quickly, while mono-c-Si 156mm*156mm had no change.
Solar Module
Concerning mono-c-Si 190W module, the price of tier-1 suppliers stands at 4.30 CNY/W, and 3.95 CNY/W for tier-2 ones. As to mono-c-Si 245W module,the price of tier-1 suppliers is at 4.75 CNY/W, and 4.4 CNY/W for tier-2 ones. In terms of poly-c-Si 230W module, the price of tier-1 suppliers has reached 4.05 CNY/W, and 3.50 CNY/W for tier-2 ones. Concerning mono-c-Si 195W module, the price of tier-1 suppliers stands at 4.45 CNY/W, and 4.15 CNY/W for tier-2 ones. As to mono-c-Si 250W module, the price of tier-1 suppliers is at 4.85 CNY/W, and 4.55 CNY/W for tier-2 ones. And, in terms of poly-c-Si 240W module, the price of tier-1 suppliers has reached 4.20 CNY/W, and 3.95 CNY/W for tier-2 ones.
At present, module trading conditions are sluggish, and the market only moved slightly. Since the EU published a new policy that those modules which were delivered after March 8th should be registered with customs, and they will be probably considered for potential duties, most module manufacturers cut down their shipment to the ports abroad. Deliveries to the EU are expected to decrease during March. Promoted by the start of domestic projects, a certain amount of inquiries has increased, but trading conditions remain stagnant. An expectation for increases in domestic shipments is slotted for April, while prices for module are maintained at stable conditions.
Tier-one companies include the U.S. and HK stock market-listed entities, with large capacity and product circulation in the market, like Suntech Power Holdings Co., Ltd. (ADR)(NYSE:STP), Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE: YGE), Canadian Solar Inc. (NASDAQ: CSIQ), Trina Solar Limited (NYSE: TSL), JA Solar Holdings Co., Ltd. (ADR)(NASDAQ: JASO) and ReneSola Ltd. (ADR)(NYSE: SOL)
Prices quoted in CNY include 17% VAR domestic tax.