Battery Shipments Tight, Module Transaction Prices Rise [SMM Silicon-Based PV Morning Meeting Summary]

》View SMM Silicon Product Prices

》Subscribe to View Historical Price Trends of SMM Metal Spot Cargo

》Click to View SMM Metal Industry Chain Database

SMM, March 6:

Solar Cell

Prices

High-efficiency PERC 182 solar cells (efficiency of 23.2% and above) were priced at 0.31-0.32 yuan/W; there were no transactions in the PERC 210 solar cell market.

Topcon 183 solar cells (efficiency of 25% and above) were priced at approximately 0.295-0.3 yuan/W, Topcon 210RN solar cells at 0.3-0.32 yuan/W, and Topcon 210 solar cells at 0.295-0.295 yuan/W, with prices continuing to rise recently.

HJT direct sales were limited, with integrated manufacturers being self-sufficient.

Production

Topcon solar cell production schedules in March increased by 36.04% MoM, Topcon 183 solar cells by 43.31% MoM, Topcon 210R solar cells by 89.18% MoM, and Topcon 210 solar cells by 29.42% MoM.

Inventory

Solar cell shipments were tight, with inventory continuing to decline, and large-format 210RN cells were out of stock.

Modules

Prices

In the current module market, the mainstream transaction prices for N-type 182mm modules in centralized projects were 0.696-0.712 yuan/W, up by 0.005 yuan/W, and for N-type 210mm modules were 0.716-0.732 yuan/W, up by 0.005 yuan/W. Topcon distributed module prices were 0.717-0.738 yuan/W.

Production

Overall module production schedules in March increased by 35% MoM, with more orders being delivered.

Inventory

Market shipments have improved recently, with distributed rush-for-installation orders emerging. Many module manufacturers reported that domestic demand might weaken in the future, and they are actively taking orders to destock.

PV Film

Prices:

EVA/POE PV-Grade Materials:

PV-grade EVA was priced at 11,500-11,850 yuan/mt, while PV-grade POE was transacted at 12,000-14,000 yuan/mt.

PV Film:

Currently, the mainstream price for 420g transparent EVA film is 5.46-5.67 yuan/m², for 420g white EVA film is 5.96-6.17 yuan/m², for 380g EPE film is 5.79-5.89 yuan/m², and for 380g POE film is 6.84-7.22 yuan/m².

Production

PV-grade EVA production schedules in March increased by 13.7% MoM, while PV film production schedules increased by 3.1% MoM.

Inventory

Currently, petrochemical plant inventories are relatively low, with tight supply and increasing demand. Inventories are expected to remain at low levels.

Prices

3.2mm Single-Layer Coating: The price of 3.2mm single-layer coated PV glass was 22-23 yuan/m², remaining stable.

3.2mm Double-Layer Coating: The price of 3.2mm double-layer coated PV glass was 23-24 yuan/m², remaining stable.

2.0mm Single-Layer Coating: The price of 2.0mm single-layer coated PV glass was 13.5-14 yuan/m², remaining stable.

2.0mm Double-Layer Coating: The price of 2.0mm double-layer coated PV glass was 14.5-15 yuan/m², remaining stable.

Production

This week, a new kiln with a capacity of 1,200 mt/day was added in Guangxi. In March, a total of 2,400 mt/day of new kilns were ignited domestically, further increasing supply.

Inventory

Glass inventory continued to decline slightly, and the purchasing enthusiasm of module enterprises remained strong.