Polysilicon
Prices: Yesterday, the mainstream prices for N-type polysilicon were 38-43 yuan/kg, and the mainstream prices for dense polysilicon were 35-38 yuan/kg. Polysilicon prices stabilized. The market showed some resistance to high-priced resources.
Production: A leading domestic manufacturer recently increased production at its other bases, with a MoM increase of over 25%. In August, domestic polysilicon production reached 139,000 mt.
Inventory: Polysilicon inventory showed a slight increase, reaching around 230,000 mt.
Solar Cell
Prices: The current price for high-efficiency PERC182 solar cells (23.2% efficiency and above) is 0.29-0.30 yuan/W; PERC210 solar cells are priced at around 0.285-0.29 yuan/W; Topcon182 solar cells (24.7% efficiency and above) are priced at around 0.28-0.29 yuan/W; Topcon210RN solar cells are priced at 0.29-0.29 yuan/W; Topcon210 solar cells are priced at 0.29-0.29 yuan/W. Current prices stabilized.
Production: In August, the combined planned production of solar cells by Chinese companies at domestic and overseas bases was 58.54 GW, with domestic planned production of solar cells at 55.74 GW. Among these, the planned production of P-type cells was 8.96 GW, and N-type cells was 46.78 GW.
Inventory: In August, the demand for externally purchased cells was lower than in July, leading to increased inventory pressure.
PV film
Price
PV-grade EVA: The current domestic trading price of PV-grade EVA is about 9,400 yuan/mt, with market sentiment expecting a price increase. POE PV-grade material temporarily maintains at $2,100-$2,150/mt for C4 and $2,200-$2,250/mt for C8.
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. Prices stabilized compared to the end of July.
Production: In August, the production of film was 440 million square meters, down 10.07% MoM. The production of PV-grade EVA in August was 91,700 mt, up 78.65% MoM.
Inventory: EVA inventory is currently at a low level, but as some manufacturers switch to PV-grade EVA, their inventory levels are starting to rise. For film, the current downstream inventory is maintained at a level of 5-7 days.
Inverter
Price: This week, the price range for 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. Inverter prices stabilized.
Supply and Demand: The supply side is stable and sufficient, traditional market demand is moderate, while the high growth in demand for solar storage in emerging markets is driving production up in Q3. The demand for higher power segments of inverters is increasing both domestically and internationally.
