The trade of polysilicon suspended before CNY, price stabilized, module production to be reduced in February

Published: Feb 6, 2024 13:48
Polysilicon: The mainstream prices of recharging polysilicon and dense polysilicon were 60-63 yuan/kg and 56-60 yuan/kg respectively. The polysilicon price index stood at 56.20 yuan/kg.

SHANGHAI, Feb 6 (SMM) -

Polysilicon: The mainstream prices of recharging polysilicon and dense polysilicon were 60-63 yuan/kg and 56-60 yuan/kg respectively. The polysilicon price index stood at 56.20 yuan/kg.

Supply and demand: With the completion of the new round of order signing, polysilicon prices were basically stable. Currently, the polysilicon trade has gradually stopped approaching the Chinese New Year. The market is mostly waiting to see the market changes after the Chinese New Year. The price before the holiday remains stable for the time being.

Module

In yesterday's market, the mainstream transaction price of bifacial-182mm monocrystalline PERC modules was 0.93 yuan/w, and the mainstream transaction price of bifacial-210mm monocrystalline PERC modules was 0.95 yuan/w.

Supply and demand: module prices were generally stable, and bid prices remained low. In February, many module companies showed a clear attitude towards reducing production. Market transactions gradually stopped before the Chinese New Year, and upstream and downstream business personnel generally took holidays, so prices were temporarily stable.

PV film

price

PV-grade EVA: The current trading price of domestic PV-grade EVA is around 11,000-11,100 yuan/ton, and the price remains stable. Actual transaction prices remained stable.

PV film : The current mainstream price of 420g transparent EVA film is 6.72-6.93 yuan/square meter, the price of 420g white EVA film is 6.26-6.47 yuan/square meter, the price of 380g EPE film is 7.56-7.94 yuan/square meter, and the price of 460g POE film is 13.34-13.80 yuan/square meter. Prices are less likely to change before the Chinese New Year.

Supply and Demand

PV-grade EVA: Before the Chinese New Year, some manufacturers will stop producing photovoltaic grade EVA and switch to produce foaming.

film: At present, the film factories are gradually going on holiday, and the market demand for LECO technology continues. module manufacturers remain optimistic about new technologies.

Inverters

Price: This week, the price of 20 kw grid-connected inverters was 0.15-0.19 yuan/W, the price of 50kw was 0.14-0.18 yuan/W, and the price of 110kw was 0.12-0.17 yuan/W.

Supply and demand: There is no overall change in the inverter price range, and the overall price remains stable. Before Chinese New Year holiday, various companies have closed one after another according to their own orders and production line production arrangements. Downstream procurement and delivery demand has been suspended, and prices have remained stable.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
[SMM PV] PV 91.2%! National New Energy Grid Connection and Consumption in March 2026
May 9, 2026 18:16
[SMM PV] PV 91.2%! National New Energy Grid Connection and Consumption in March 2026
Read More
[SMM PV] PV 91.2%! National New Energy Grid Connection and Consumption in March 2026
[SMM PV] PV 91.2%! National New Energy Grid Connection and Consumption in March 2026
In accordance with the *Notice of the National Energy Administration on Matters Related to the Development and Construction of Wind Power and Photovoltaic Power Generation in 2021* (Guo Neng Fa Xin Neng [2021] No. 25), in order to guide rational investment and orderly construction in the new energy sector, the new energy grid connection and consumption status of each provincial-level region for March 2026 is hereby published as follows.
May 9, 2026 18:16
[SMM PV] PV-grade EVA prices fell, cost side disturbed by geopolitical tensions, uncertainty remains
May 9, 2026 09:14
[SMM PV] PV-grade EVA prices fell, cost side disturbed by geopolitical tensions, uncertainty remains
Read More
[SMM PV] PV-grade EVA prices fell, cost side disturbed by geopolitical tensions, uncertainty remains
[SMM PV] PV-grade EVA prices fell, cost side disturbed by geopolitical tensions, uncertainty remains
EVA prices have recently fluctuated and pulled back, mainly under the dual pressure of weakening crude oil dragging down costs and sluggish downstream procurement demand. Although the US and Iran are in the negotiation phase, on May 8 local time, US forces again struck two Iranian tankers. The Iranian military warned that if the US continues to interfere with Iranian vessels in the relevant areas, the conflict risks escalating again. With recurring geopolitical maneuvering in the Middle East, the risk of crude oil price fluctuations remains high and the trend carries significant uncertainty, making changes on the EVA cost side still difficult to predict, and wait-and-see sentiment in the market is strong.
May 9, 2026 09:14
[SMM PV] Chinese Scientists Achieved Breakthrough in Regular-Structure Perovskite Solar Cells
May 8, 2026 17:14
[SMM PV] Chinese Scientists Achieved Breakthrough in Regular-Structure Perovskite Solar Cells
Read More
[SMM PV] Chinese Scientists Achieved Breakthrough in Regular-Structure Perovskite Solar Cells
[SMM PV] Chinese Scientists Achieved Breakthrough in Regular-Structure Perovskite Solar Cells
The international academic journal *Nature* published online a breakthrough achievement by Chinese scientists in the field of normal-structure perovskite solar cells — the photoelectric conversion efficiency exceeded 27% for the first time. This research is expected to provide technical support for highly stable and scalable perovskite PV modules.
May 8, 2026 17:14
The trade of polysilicon suspended before CNY, price stabilized, module production to be reduced in February - Shanghai Metals Market (SMM)