Latest News, Solar Silicon Wafers Plummeted 20.4%!
The Silicon Industry Branch announced that the price of silicon materials used in solar panels fell by 6.25%. The price of P-type M10 monocrystalline silicon wafers has dropped sharply. In just one week, the price of these wafers fell by 20.4%.
This week, the average transaction price of P-type M10 monocrystalline silicon wafers (182*182mm/150μm) dropped to US$0.173/piece, a week-on-week decrease of 20.4%; N-type G10L monocrystalline silicon wafers (182*183.75 mm/130μm/256mm) The average transaction price dropped to US$0.172/piece, a week-on-week decrease of 11.4%; the average transaction price of N-type G12R monocrystalline silicon wafer (182*210mm/130μm) was US$0.237/piece; the average transaction price of P-type G12 monocrystalline silicon wafer (210*210 mm/150μm), the average transaction price dropped to US$0.263/piece, a week-on-week decrease of 8.65%. The average transaction price of N-type G12 monocrystalline silicon wafers (210*210 mm/150μm) was US$0.269/piece, a week-on-week decrease of 11%.
This week, the operating rates of the two first-tier companies dropped to 60% and 80% respectively. The operating rates of integrated enterprises dropped to between 60% and 80% respectively, and the operating rates of other enterprises dropped to between 50% and 70% respectively.
Polysilicon prices continued to decline this week, with N-type prices relatively consistent and P-type prices chaotic. Among them, the transaction price range of n-type rod silicon was 5,678.5-6,232.5 US dollars/ton, and the average transaction price was 5,955.5 US dollars/ton, a month-on-month decrease of 5.08%. The transaction price range of p-type dense materials was US$4,709-5,401.5/ton, and the average transaction price was US$5,116/ton, a month-on-month decrease of 4.36%. The n/p rod silicon price difference is US$609.4/ton. The transaction price range of n-type granular silicon was US$5,124.5-5,401.5/ton, and the average transaction price was US$5,193.8/ton, a month-on-month decrease of 6.25%.
A major factor leading to price declines is the oversupply of silicon materials in the market. In recent years, as the demand for solar panels has increased, many manufacturers have increased the production of silicon materials to meet the demand. However, this led to a situation of oversupply and therefore prices fell.
Another factor is the trend toward more efficient solar panels, which require less silicon material. As a result, demand for silicon materials decreases, further causing prices to fall.
Still, there's no need to panic, as falling prices are unlikely to have a major impact on the solar panel industry. Additionally, price declines are not uniform across all types of silicon materials. While polysilicon prices continue to fall, N-type silicon material prices have remained relatively stable. The situation of P-type silicon materials is more complicated, so it is difficult to predict its future trend.
Taken together, this news calls for a more complete understanding of the forces at play in the renewable energy industry. While the recent decline in silicon material prices may cause some concern, it is important to maintain hope and remain focused on developing and leveraging renewable energy technologies for a sustainable future.