Silicon material
The domestic market price of level-1 material is 140 CNY/kg, and 125 CNY/kg for level-2 ones. The price of imported level-1 materials is $19.08 /kg, while it stands at $17.72 /kg for level-2 ones.
Stagnant shipping levels are holding the market at stable price quotation levels. Meanwhile, the prices of wafers and cells have begun to fluctuate slightly. Most manufacturers worry that the market price will have a downtrend in the future; therefore, plans of expanding utilization levels are on hold. Since there are not too many manufacturers producing silicon materials, the supply volume remains low; however, restricted by liquidity and demand, the purchasing volumes are not expected to increase in the short term, while the price is expected to remain at the current level.
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 4.7 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 6.30 CNY/pc, and 5.8 CNY/pc for tier-2 ones.
This week, the price of wafer remained steady. In order to promote sales, some tier-2 manufacturers reduced their price slightly. Considering the price of silicon materials is remaining stable, the quotation of wafer has no large change at the moment. Since there are many uncertain factors in the future market, most manufacturers are very cautious about increasing levels of utilization.
Solar Cell
Currently, considering mono-c-Si 125mm*125mm cell, the price of tier-1 suppliers stands at 3.00 CNY/W, and 2.60 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 2.75 CNY/W for tier-2 ones. In terms of poly-c-Si 156mm*156mm cell, the price of tier-1 suppliers has reached 2.50 CNY/W, and 2.40 CNY/W for tier-2 ones.
At present, the trading condition is not too favorable and shipment volume is limited. The EU requested for imported modules to be registered at customs. Based on some of the views, some makers have begun underselling their inventories at European ports. This also has a direct impact on the purchases of cells, so the price of cells is not expected to change. But, since the market is still unstable, most manufacturers are cautious about operations. It is expected that the price of cell will see fluctuation in the next week.
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, the price of module has begun to fluctuate, but the market as a whole is remaining stable. Due to the new policy in Europe, the inquiries from foreign markets increased slightly, and most orders are for spot goods. As a result, the inventories at the ports are expected to clear out quickly. At the same time, most companies have stopped shipping to Europe in fear of retroactive tariffs. As a result, large quantities have flooded domestic markets. Small manufacturers are being affected by this shift, unable to find avenues to sell their own products. It is expected that this situation will force some of them out of business.
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.
