Slumping Demand For Solar In Domestic and Overseas Market Continues

Having a look at the global solar market can be very telling for how rates domestically will be; especially since a great many of the solar panels manufactured are done so abroad.  Prices in the global market this week have fallen as a result of policy changes. Although the costs of China’s domestic market have stopped declining, the overall demand has remained sluggish. Polysilicon price dropped slightly due to weak demand. Si-wafer manufacturers continued to decrease capacity utilization to stabilize prices. For the PV cells and modules, the costs have changed differently, due to contradictory claims. It is expected that this mixed hot and cold condition will continue for a short period.

Let's Have A Look At The Situation With Polysilicon

The price of polysilicon fell this week on an interim basis due to inadequate supply and demand links, and price changes are expected to occur after the increase of demand. China’s internal overhaul companies have decreased from 12 in August to 9 at present, and the production will slowly return to full capacity. There is limited scope for price increases as polysilicon, which has not yet seen significant support from demand. So far, China’s domestic multi-si material price has stretched RMB83-88/KG, and the mono-si material price has dropped slightly to RMB90-95/KG. Overseas multi-si material price hasn’t changed much, with the current price of US$10.3-12.3/KG and the typical price at US$11.5/KG.

Let's Have A Look At The Situation With Si-wafer

Si-wafer prices here and abroad have held constant this week. Major multi-si wafer manufacturers began to diminish capacity utilization to less than 60%, hoping to adjust the output to control price; for the mono-si wafer, there were no adjustments. So far, estimates of mono-si and multi-si wafer have stayed at RMB2.90-3.25/Pc and RMB 2.25-2.30/Pc, respectively. Black silicon product price has also continued at RMB2.50/Pc. Overseas mono-si wafer price has remained at US$0.400-0.425/Pc, and multi-si wafer price has decreased slightly to US$0.285-0.310/Pc. Black silicon commodity price has remained at US$0.350/Pc.

Let's Have A Look At The Situation With PV cell

Due to the end of EU’s MIP, China’s PV cell demand has increased. The overall operating rate and stock levels have advanced, but there was still bidding phenomenon. So far, China’s domestic usual mono-si PV cell price has been RMB1.00-1.06/W, and high-efficiency mono-si cost has reached RMB1.07-1.18/W. General multi-si PV cell price has been decreased lightly to RMB0.91-0.95/W.

Abroad global mono-si PV cell price has been US$0.117-0.138/W, and high-efficiency mono-si price has declined to US$0.152-0.160/W, with the average price falling to US$0.159/W. Multi-si PV cell price has also fallen to US$0.109-0.140/W, with the average price dropping to US$0.111/W.

Let's Have A Look At The Situation With Module

What's China up to regarding solar power? Domestic demand for module in China was suppressed this week, but prices were broadly stable due to cost constraints. High-efficiency mono-si module has begun to receive inquiries, which is assumed to be linked to the construction of the Top Runner Program in Q4. So far, China’s domestic general multi-si (270-275W) price has persisted at RMB1.80-1.90/W, and high-efficiency multi-si (280-285W) rate has been RMB1.80-1.90/W. General mono-si (290-295W) value has reached RMB1.83-1.90/W. High-efficiency mono-si (300-305W) rate has been RMB2.10-2.20/W, with an average price of RMB2.15/W.

Let's examine the overseas solar panel market. For the foreign market, prices have entirely declined because of the changes in European and Indian policy. General multi-si price has been US$0.225-0.260/W, with the standard price dropping to USD0.244/W. High-efficiency multi-si price has been US$0.241-0.280/W, with the average price falling to USD0.244/W. General mono-si price has been US$0.247-0.400/W, with the standard price descending to USD0.260/W. High-efficiency mono-si price has been US$0.275-0.415/W, with the average price declining to US$0.275/W. These prices are indicative of global market changes.

Now that you know a lot about the global situation with solar, you can see that the price is at an all-time low.  Contact us here at HahaSmart to get your low-priced solar panels today!

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