Panic Sell-Offs Send Solar Cell Prices Plummeting To New Lows

Published: Sep 26, 2023 09:49 (GMT+8)

Source: SMM

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SHANGHAI, Sep 26 (SMM) –Last week, solar cell prices plummeted to new lows. Current prices are 0.67-0.68 yuan/W for PERC 182 solar cells, around 0.71-0.73 yuan/W for PERC 210 cells, and about 0.72-0.73 yuan/W for Topcon182 cells. With continual stock clearance pressure and no significant increase in PV module factory operating rates, market panic has escalated, triggering low-price sell-offs by traders and instability in first-tier factory prices. With silicon wafer prices decreasing, further solar cell price reductions are likely. Contracts for October orders have started being signed, suggesting a slight demand increase. However, the Topcon cell production in October is expected to significantly exceed demand, potentially impacting the P-type solar cell market.

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