Solar Silicon Wafer Prices Bottomed Out And Stabilized This Week!
Source: International Energy Network
In the solar energy sector, silicon wafers or solar cells are essential components. The prices of these basic components play an important role in the solar energy economy. This week is significant for the solar energy industry because the price of silicon wafers seems to have bottomed out, indicating that prices are stabilizing.
The Silicon Industry Association announced the latest prices of monocrystalline silicon wafers this week, among which the average transaction price of N-type G10L monocrystalline silicon wafers (182*183.75mm/130μm/256mm) remained at US$0.159/piece, which was flat week-on-week; the average transaction price of N-type G12R monocrystalline silicon wafers (182*210mm/130μm) remained at US$0.207/piece, which was flat week-on-week; the average transaction price of N-type G12 monocrystalline silicon wafers (210*210 mm/150μm) remained at US$0.263/piece, which was flat week-on-week.
Monocrystalline silicon wafers are basic components used in solar panels. This week, silicon prices hit a record low. However, the good news is that trading conditions have improved significantly; this may indicate that silicon prices are stabilizing.
On May 29, the Silicon Industry Branch announced the latest price of polysilicon materials this week. Polysilicon prices fell slightly this week. Among them, the transaction price range of n-type rod silicon was 5,528-5,943 US dollars/ton, and the average transaction price was 5,776.8 US dollars/ton, a decrease of 2.79% month-on-month. The transaction price range of p-type dense material was 4,698.8-5,389.8 US dollars/ton, and the average transaction price was 5,154.9 US dollars/ton, which was flat month-on-month. The transaction price range of n-type granular silicon was 5,113.4-5,389.8 US dollars/ton, and the average transaction price was 5,182.5 yuan/ton, which was flat month-on-month.
This week, the transaction volume of polysilicon was very small, and most of them were single transactions. Among them, three companies had new transactions for n-type rod silicon, and no transactions were counted for p-type rod silicon. Some companies reported that only coral materials had some external sales, but overall they were still mainly executing previous orders.
Professional battery companies have begun to purchase raw materials in bulk, ending their wait-and-see strategy and preparing for the recovery of the solar industry. Most companies see this move as an opportunity to replenish silicon wafer inventory because prices are at a low point.
The stabilization of silicon prices is not surprising, as silicon wafer prices have fallen to historical lows due to increased demand and supply chain disruptions. However, the market seems to be starting to respond positively, indicating that the market is stabilizing. The significant improvement in trading conditions and the increase in demand from battery companies may be early signs of a market turnaround.