Polysilicon production continued to decrease in August, while solar cell inventory remained high

Polysilicon

Prices: Yesterday, the mainstream prices for N-type polysilicon were 37-41 yuan/kg, and the mainstream prices for dense polysilicon were 34-37 yuan/kg. Polysilicon prices remained stable with limited pressure.

Production: In August, domestic polysilicon factories continued to reduce production, with monthly output falling below 140,000 mt.

Inventory: As polysilicon production decreased and the inventory pressure of major factories eased, in-factory inventory of polysilicon dropped to around 220,000 mt.

Solar cell

Price: The current price for high-efficiency PERC 182 solar cells (23.2% efficiency and above) is 0.29-0.30 yuan/W; PERC 210 solar cells are priced around 0.285-0.29 yuan/W; Topcon 182 solar cells (24.7% efficiency and above) are priced around 0.28-0.29 yuan/W; Topcon 210RN solar cells are priced at 0.29 yuan/W; Topcon 210 solar cells are priced at 0.29 yuan/W. Recently, battery makers have been clearing inventory, causing a slight price drop.

Production: Recently, solar cell production has been stable. The current market inventory of solar cells remains high. Most manufacturers are maintaining July production levels, with only a few manufacturers increasing production.

Inventory: Recently, cell makers have been clearing inventory, and some leading manufacturers have started to see a decline in inventory levels. However, overall solar cell inventory remains high.

PV film

Price

PV-grade EVA: The current domestic trading price of EVA resin is being adjusted. For detailed EVA resin prices, please consult an analyst. POE PV-grade C4 has been reduced to $2,100-$2,150/mt, and C8 has temporarily been reduced to $2,200-$2,250/mt.

PV film: The current mainstream price for 420g transparent EVA film is 5.46-5.67 yuan/sqm, 420g white EVA film is 5.99-6.36 yuan/sqm, 380g EPE film is 6.46-6.65 yuan/sqm, and 380g POE film is 8.74-8.93 yuan/sqm.

Production: Affected by order demand, current PV film production is based on order requirements. Due to market impact, the current resin production has slightly increased.

Inventory: Affected by inventory adjustments and demand changes, petrochemical resin inventory remains stable. Due to losses and weak orders, film inventory at film factory remains stable, and resin inventory at film factory remains stable.

Solar inverter

Price: This week, the price range for solar inverters is as follows: 20kW at 0.12-0.16 yuan/W, 50kW at 0.11-0.15 yuan/W, 110kW at 0.1-0.14 yuan/W, and 320kW at 0.09-0.11 yuan/W. The prices of solar inverters remain stable.

Supply and demand: The supply side is stable and sufficient. June's export volume hit a new high driven by demand from the Asia, Latin America, and Africa markets. The demand in emerging markets is relatively strong, which is expected to boost scheduled production.