Chinese Silicon Wafer Companies Plan to Cut Output as Entire Photovoltaic Market Was Panic and Silicon Wafer Prices Continue To Fall Sharply

The mainstream average traded price of monocrystalline silicon wafer M10 and G12 stood at 4.75 yuan/piece and 6.2 yuan/piece respectively last week. The prices of silicon wafers continued to fall sharply. Quotes of some second-tier enterprises were lower than those of first-tier enterprises.

At the same time, the current silicon wafer inventory in the market has reached about 1.7 billion pieces. The entire photovoltaic market was panic due to the decline in silicon wafer prices. At present, under the pressure of inventory and falling prices, companies such as LONGi and Zhonghuan have plans to reduce production. Some enterprises, such as Gokin, have already produced based on sales.

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