In a brand new weekly replace for pv journalOPIS, a Dow Jones firm, supplies a fast overview of the principle value tendencies within the world PV business.
In its newest evaluation on April 25, OPIS noticed the value of Mono M10 wafers, the mainstream dimension at present available in the market, fell 0.6% on the week for the primary time in two months to $0.826 per piece. The delicate equilibrium that has held the value of M10 regular for the previous few weeks is lastly displaying indicators of cracking, as wafer output has outpaced demand to develop barely.
China is estimated to supply round 48 GW of wafers in April, a 7% improve from March. Trade gamers agree that wafer manufacturing is increasing quicker than anticipated, with some anticipating that wafers will proceed to commerce on the aspect shifting to extra bearish outlooks.
The slight decline may sign that wafer costs are on a gradual downward slide within the close to time period, following the steps of the continued decline in upstream polysilicon in latest weeks. The weak spot within the wafer section comes with the arrival of Chinese language high-purity quartz (HPQ) imports, suggesting that wafer producers ought to be capable to ratchet up capability now.
Whereas the present HPQ scarcity is easing, considerations about future shortages proceed to have an effect on the market. Given Sibelco’s plans to double HPQ manufacturing capability at its Spruce Pine facility by 2025 and with Spruce Pine in North Carolina being the only largest supply of HPQ on the planet, wafer makers might have excellent news – even on the distant horizon.
OPIS, a Dow Jones firm, supplies power costs, information, knowledge and evaluation on gasoline, diesel, jet gasoline, LPG/NGL, coal, metals, and chemical compounds in addition to renewable fuels and environmental commodities. It acquired pricing knowledge property from the Singapore Photo voltaic Trade in 2022 and now publishes the OPIS APAC Photo voltaic Weekly Report.
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