Surplus inventory and perceived drop in solar cell prices will put PV module price at downside risks

Yesterday's market saw the main transaction price for M10-182mm monocrystalline silicon wafers at 1.21 yuan/w, and for 210mm monocrystalline silicon wafers, it was 1.24 yuan/w. In terms of supply and demand, the price of PV modules is currently holding steady, with no further reductions expected due to costs. Despite this, there's a surplus of inventory, and with the anticipated drop in the price of solar cells in the future, the price of PV modules is also expected to decrease further.