Cell Prices Continue to Consolidate at Lows, Glass Production Cuts Pace Accelerates [SMM Silicon PV Morning Brief]
[SMM Silicon-based PV Morning Brief: Cell Prices Consolidate at Lows, Pace of Glass Production Cuts Accelerates] Transaction price ranges for Topcon cells of various sizes remain stable, with 183N and 210R holding steady at 0.265–0.27 Yuan/W. At the current stage, the market’s momentum for sustained low-price selling has notably weakened. Combined with some producers releasing production cut plans, enterprises’ willingness to actively dump at low prices has diminished, and the futures market has entered a phase of short-term weak stabilization. However, end-use demand has not shown substantial improvement, and downstream procurement remains predominantly wait-and-see. A small number of low-priced actual orders can still be negotiated in the market, and the supply-demand pressure pattern in the industry has not been fully resolved.