Wafer Prices Hold Steady, Solar Cell Prices Find Support Before Holiday, Film Price Hikes Take Effect [SMM Silicon-Based PV Morning Meeting Summary]
[SMM Silicon-Based PV Morning Meeting Summary: Wafer Prices Hold Steady, Solar Cells Find Pre-Holiday Support, Film Price Hikes Take Effect] Wafers: Prices held steady, with 18X quoted at 0.994-1.002 yuan/piece, 210RN at 1.026-1.044 yuan/piece, and 210N at 1.119-1.145 yuan/piece. Pre-holiday stockpiling may provide temporary support, while cost support awaits confirmation from polysilicon transactions. September production rose 1-2 GW MoM, with inventory drawdown remaining slow. Solar cells: 183 and 210R held steady, while 210N edged up to 0.288-0.295 yuan/W. Pre-holiday stockpiling provided support, with prices expected to remain stable-to-firm in the near term; attention is on price elasticity amid the tight balance for 210R. September production schedules pulled back slightly and inventory declined, but watch for a resurgence of inventory buildup after stockpiling demand fades. Films: Mainstream EVA resin transactions were at 10,500-10,800 yuan/mt, with traders quoting 11,000 yuan/mt, as bullish expectations materialized. 420g transparent EVA film was at 5.63-5.71 yuan/m² and 380g EPE at 5.47-5.55 yuan/m², with this round of price hikes taking effect; attention is on month-end price negotiations.