[SMM PV] High-Efficiency ABC Modules in Undersupply, AIKO Scores Another Order Surge at Intersolar

In May, China's inverter exports reached $944 million, up 14% YoY and up 1% MoM, bringing the Jan-May total to $4.31 billion, a 30% YoY increase. The average unit price in May rose 47% YoY to $207. Regionally, exports to Africa jumped 51% YoY and Southeast Asia grew 48%, while Europe and the Middle East maintained steady growth.

[SMM Silicon-based PV Morning Meeting Minutes: Module Hold-Price Sentiment Edges Up, Polysilicon Prices Temporarily Stable] Last week, mainstream transaction prices in China changed little, but the price spread between high and low prices remained large. EXW prices from enterprises competing for orders have recently started approaching 0.65 Yuan/W, though trading volume was limited. Mainstream tax-inclusive delivered prices in China stayed above 0.7 Yuan/W, and current quotations from top-tier players are still relatively high. The market exhibited a situation where half are holding prices firm while the other half are selling at low prices. Currently, high-efficiency distributed Topcon 183, 210R, and 210N modules are quoted at 0.731 Yuan/W, 0.736 Yuan/W, and 0.739 Yuan/W, respectively; and centralized Topcon 182/183, 210N, and 210R high-efficiency modules are quoted at 0.7185 Yuan/W, 0.7385 Yuan/W, and 0.729 Yuan/W, respectively.

Fangda Special Steel stated on an interactive platform that its cooperation with CATL mainly involves R&D of steel products, and its subsidiary has partnered with CATL on a PV power generation project.