With the price increases in Calendar Week 29, the polysilicon category has moved into positive territory YtD, while n-type wafers, cells, and modules are staging a turnaround. On the other hand, the gradual phase-out of p-type products continues.
Currently, non-Xinjiang wafers with traceability data generally carry a quoted premium of RMB 0.15–0.2/pc. Starting February 2025, spot price updates for 183mm n-type wafers in dollar terms will be introduced. The high prices for M10 PERC and TOPCon cells is based mostly on those of Southeast Asian origins.
Currently, non-Xinjiang polysilicon with traceability data generally carries a quoted premium of RMB 3–5/kg. Polysilicon prices in dollar terms are prices for polysilicon with non-China origins in dollar terms, not translated from RMB prices.
Short term, the market is likely to remain in a stalemate of weak supply and weak demand, with prices expected to stay at a weak and steady level. Wafer inventories have accumulated to roughly 24 GW, indicating immense destocking pressure.
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With the price increases in Calendar Week 29, the polysilicon category has moved into positive territory YtD, while n-type wafers, cells, …
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With the price increases in Calendar Week 29, the polysilicon category has moved into positive territory YtD, while n-type wafers, cells, and modules are staging a turnaround.
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