[SMMSilicon-based PV Morning Meeting Summary: Module Prices Slightly Increased, but Resistance to Higher Prices Remains] Recently, the market's low-price quotations for distributed systems have been adjusted upwards, and the situation of low-price competition has slightly eased. The transaction prices of top-tier enterprises have also increased recently, but it is still difficult to close deals at prices above 0.7 yuan/W. In recent times, the price of solar cells on the cost side has been adjusted, enhancing the cost support for modules. However, the demand-side installations continue to decline, and overseas stockpiling has also largely come to an end. It is expected that module prices will remain in a state of negotiation in the near term. Currently, the quotes for high-efficiency Topcon183, 210R, and 210N modules for distributed systems are 0.675 yuan/W, 0.697 yuan/W, and 0.677 yuan/W, respectively, while those for centralized Topcon182/183 and 210N high-efficiency modules are 0.659 yuan/W and 0.674 yuan/W, respectively.

This week, PV-grade EVA prices were 9,600-10,350 yuan/mt, EVA with high vinyl acetate content prices were 10,150-11,000 yuan/mt, and EVA with low vinyl acetate content prices were 10,000-10,600 yuan/mt. Due to the continuous rise in PV-grade EVA prices on the cost side recently, film companies faced severe cost pressures, and some film companies expected price increases. Currently, negotiations were ongoing, and it was anticipated that new orders for films in September would see a rising trend.

[SMMSilicon-based PV Morning Meeting Summary] Silicone DMC: Current quotations are 10,500-11,500 yuan/mt. WoW, the average transaction price of DMC fell by 1,000 yuan/mt. The back-and-forth negotiations between upstream and downstream are gradually entering a critical stage. Dimethyldichlorosilane plants are competing to offer discounts to encourage downstream enterprises to place orders. Wafer: The market price for N-type 18X wafers is 1.2-1.2 yuan/piece; the price for 210R model wafers is 1.33-1.35 yuan/piece. Major manufacturers are selling at regular prices, while some smaller factories offer 210R and 210 models at 0.01-0.02 yuan/piece lower. Overall, the supply and demand for the 183 market has support. After wafer companies met in Beijing this afternoon, it will have an impact on future wafer price trends.

[smm silicon-based pv morning meeting summary: silicon metal prices stable, expectations for production cuts at some polysilicon bases] over the weekend, n-type recharging polysilicon was quoted at 45-49 yuan/kg, with the n-type polysilicon price index at 45.9 yuan/kg, and granular polysilicon was quoted at 43-46 yuan/kg. polysilicon prices were stable over the weekend, with limited transactions in the polysilicon market currently, and downstream price transmission facing significant pressure.

The US Commerce Department has initiated antidumping (AD) and countervailing duty (CVD) investigations on crystalline silicon PV cells from India, Indonesia, and Laos. The probe follows a petition by US solar manufacturers including First Solar and Qcells.

Exus Renewables secured financing from MUFG Bank’s European arm for a 130MW solar PV project in Portugal’s Alentejo region. MUFG acted as Sole Mandated Lead Arranger, Hedge Provider, Facility Agent, and Account Bank, though the investment amount was undisclosed.

[SMM Silicon-Based PV Morning Meeting Summary] Polysilicon: Yesterday, the quoted price for N-type recharging polysilicon was 45-49 yuan/kg, and the quoted price for granular polysilicon was 43-46 yuan/kg. Market quotes remained temporarily stable, with order signing in the spot market basically concluding. Downstream price transmission encountered certain resistance, and polysilicon prices remained temporarily stable, with market participants adopting a wait-and-see attitude. Wafer: The market price for N-type 18X wafers was 1.2-1.2 yuan/piece; the price for 210R model wafers was 1.35-1.35 yuan/piece. Wafer prices remained stable, with manufacturers focusing on stable shipments. The online rumor that 210R and 210 wafers had their prices reduced by 0.02 yuan/piece was false news.

[SMM Silicon-Based PV Morning Meeting Summary: Futures Lead to Frequent Price Fluctuations in Silicon Metal, While Closing Prices for Polysilicon Transactions Remain Stable] Over the weekend, the quoted price for N-type recharging polysilicon was 45-49 yuan/kg, with the N-type polysilicon price index at 45.9 yuan/kg, and the quoted price for granular polysilicon at 43-46 yuan/kg. The polysilicon quoted prices remained stable over the weekend. Last week's polysilicon-related meetings concluded, and the market is now focusing on downstream and power station meetings this week. The current production cut situation in the upstream sector remains uncertain, and the market is closely monitoring supply and demand dynamics.