In a brand-new weekly upgrade for pv publicationOPIS, a Dow Jones business, offers a glance at the primary cost patterns in the worldwide PV market.
OPIS
In its most current cost evaluation on May 16, OPIS saw wafer costs decrease for another week as leading wafer maker TCL Zhonghuan slashed its costs for a 2nd time in as lots of weeks. Costs for Mono M10 and G12 wafers, the mainstream sizes, plunged today, with M10 wafers falling 9.26% to $0.696 per piece (pc) and G12 wafers diving a lot more noticable 16.02% to $0.818/ pc.
Not unsusceptible to this weak point, the less-traded M6 wafers likewise dropped 5.17% to $0.624/ pc. Mono G1 wafer costs stay the same at $0.666/ pc while its trading stays restrained in the face of decreasing market share.
Chatter about the inspiration behind and effects of Zhonghuan's newest relocation– a memorable rate cut of around 15% throughout wafer types– controlled today's market research. In the point of view of several sources, Zhonghuan is attempting to increase its market share by damaging its primary competitor, LONGi. By dropping G12 costs more greatly than M10 rates, Zhonghuan seems leading the way to for G12 wafers to broaden its share in the total wafer market, a source included.
Other smaller sized wafer makers were shocked by the speed at which the market leader had actually slashed costs, it is “sensible” according to a market individual who thinks the rate cuts are comparable to the cumulative trickle-down result of domestic China polysilicon's rate decreases in the preceding months.
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Offered the consistent softening of polysilicon costs as production output of the raw product grows, OPIS anticipates wafer rates to slip even more in the near term and lead the way for decreasing rates downstream.
OPIS, a Dow Jones business, offers energy costs, news, information and analysis on gas, diesel, jet fuel, LPG/NGL, coal, metals, and chemicals in addition to eco-friendly fuels and ecological products. It got rates information possessions from Singapore Solar Exchange in 2022 and now releases the OPIS APAC Solar Weekly Report.
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