Grab the tide, still no moving, solar polycrystalline face cost defense

EnergyTrend observed that the market for single crystals remained hot in March, and monocrystalline silicon wafers were still in short supply and prices rose slightly. The sales status and price of single crystal cells are also quite stable, and the single crystal PERC battery still has a price of about US$ 0.31 / W.

In the case of polycrystalline, as the tide of rushing to the market has not yet appeared, the overall domestic demand in the Chinese market in March was not as good as expected, and the price of polycrystalline battery sheets fell to US$0.20 – 0.205 / W and RMB 1.62 – 1.67 / W. The price of polycrystalline batteries has fallen below the cost line of Taiwanese manufacturers; even for lower-cost Chinese manufacturers, it has fallen to the face of cost-defense warfare.

Although polycrystalline battery is still the most obvious part of this week's decline, polysilicon wafer manufacturers are also difficult to protect themselves. In response to the weaker price of polycrystalline batteries, the price in March fell to US$0.64 / pc. Although polysilicon wafer manufacturers still want to stick to US$ 0.63 / pc, RMB 5 / pc, it is expected that they will still face manufacturers from battery manufacturers. The pressure continues to fall.

Although the 630 limit is just around the corner, China's demand is still tepid, and polysilicon wafers and battery manufacturers facing cost-defense battles are bound to return to the most upstream and profitable polysilicon manufacturers. The March price of polysilicon orders has already been negotiated in February, so the price is still stable in March; but it is expected that the follow-up will begin to fall with the sharp decline in polysilicon wafers. In late March, the price of polysilicon may remain high. Start to loose.

Looking forward to the market outlook, due to the flat demand and the large expansion in the past year, the decline in the supply chain of polycrystalline products in the short term is inevitable. It may be necessary for China Solar Show SNEC to drive the demand boom in mid-April, and the price is expected to gradually recover. .