This week the overall market still maintains its wait-and-see approach. There has been less than active trading in the past few weeks. There may be some price changes between the various stages of the industrial value chain. However, it will not affect the subsequent trend of the market price. Looking forward, it is quite obvious that the market is showing signs of a stop in the free fall of the price. Regarding the specific point in time which the price rebound may take place, it will depend on when the demand of each regional market begins to rise in a later time. The later the demand arises, the more pressure the manufacturers would be under during the rush of installations at the end of the year. There would also be more uncertainty surrounding the price.
Polysilicon
The price of polysilicon remains stable. The supply and demand are balanced this week. The overall overseas price is revised downwards due to the continuous depreciation of the Chinese renminbi (RMB). The domestic market, however, shows no significant change in demand and supply. The main activities surround the production and delivery of the existing orders. Concerning the capacity utilization, the supply volume in September is expected to be larger than that in August, given that the major manufacturers are adding new capacity and the equipment under regular maintenance will be returned to operate at full capacity. In the overseas market, the range of the price revision is 8.80~9.80USD/KG at the moment. The average price is lowered to 9.12USD/KG. The global average price is lowered to 9.01USD/KG. In the domestic markets, the price range of polysilicon remains unchanged at 56~62RMB/KG. The price range of the mono polysilicon remains unchanged at 74~78RMB/KG.
Silicon Wafers
The trend in the wafer market still maintains stable this week. Multi-Si wafers are so close to their cash cost, that the price plunge seems to have come to a stop. Although the Mono-Si wafers are in stable demand, only the first-tier manufacturers enjoy the blessings of the long-term supply deals. The small and medium manufacturers are under pressure to sell. In the overseas market, the price of the 156.75mm mono-Si wafers remains unchanged at 0.416USD/Pc at the moment. The price of the 158.75mm mono-Si wafers remains unchanged at 0.445USD/Pc. The price of the mono-Si wafers with the size of 161.75mm and above remains unchanged at 0.460USD/Pc. The price range of the multi-Si wafers remains unchanged at 0.231~0.235USD/Pc. The price of the black silicon products remains unchanged at 0.260USD/Pc. In the domestic market, the price range of the mono-Si wafers remains unchanged at 3.05~3.13RMB/Pc. The price of the large-size products remains unchanged at 3.35RMB/Pc. The range of the multi-Si wafers price revision remains unchanged at 1.82~1.83RMB/Pc. The price of the black silicon products remains unchanged at 2.06RMB/Pc.
Cells
The cell market continued its path to recovery from last week. Rebounding from the free fall, the price plunge has apparently reached a standstill. There is no significant change in the domestic and overseas market with the exception of the superior high-efficiency mono-Si cells. In the overseas market, the price range of the general multi-Si cells remains unchanged at 0.104~0.123USD/W. The price range of the general mono-Si cells remains unchanged at 0.105~0.115USD/W. The price range of the high-efficiency mono-Si cells remains unchanged at 0.131~0.150USD/W. The price range of the superior high-efficiency mono-Si cells (>21.5%) remains unchanged at 0.125~0.190USD/W. In the domestic market, the price range of the general multi-Si cells remains unchanged at 0.80~0.84RMB/W. The price of the high-efficiency multi-Si cells remains unchanged at 0.85RMB/W. The price range of the general mono-Si cells remains unchanged at 0.81~0.86RMB/W. The price range of the high-efficiency mono-Si cells remains unchanged at 0.93~0.97RMB/W. The range of the superior high-efficiency mono-Si cells (>21.5%) price revision is 0.95~1.02RMB/W. The average price remains unchanged at 1.02RMB/W. The price of the bifacial high-efficiency mono-Si cells remains unchanged at 0.98RMB/W. The price of the bifacial superior high-efficiency mono-Si cells (>21.5%) is revised to 1.03RMB/W.
Modules
The module market also maintained its wait-and-see attitude as its upstream counterpart. The price of the primary products does not change much with the exception of the overseas superior-high efficiency mono-Si modules.In the overseas market, the price range of the general multi-Si (270-275W) remains unchanged at 0.205~0.248USD/W. The price range of high-efficiency multi-Si (280-285W) remains unchanged at 0.216~0.220USD/W. The price range of the general mono-Si (290-295W) remains unchanged at 0.235~0.251USD/W. The price range of the high-efficiency mono-Si (300-305W) remains unchanged at 0.265~0.330USD/W. The price range of the superior-high efficiency mono-Si (>310W) is revised to 0.242~0.405USD/W. The average price remains unchanged at 0.290USD/W. In the domestic market, the price range of the general multi-Si (270W~275W) remains unchanged at 1.63~1.75RMB/W. The price range of the high-efficiency multi-Si (280W~285W) remains unchanged at 1.78~1.85RMB/W. The price range of the general mono-Si (290W~295W) remains unchanged at 1.83~1.90RMB/W. The price range of high-efficiency mono-Si (300-305W) remains unchanged at 1.90~2.05RMB/W. The price range of the superior-high efficiency mono-Si (>310W) remains unchanged at 1.95~2.13RMB/W.
