Chinese PV Industry Brief: Increasing polysilicon prices and new supply deals


Last week, polysilicon and wafer prices grew significantly in China, according to Taiwanese market research company PV Infolink.

The average polysilicon price increased by 9% over the previous week, according to the analyst. High-quality polysilicon was priced at RMB 105 ($16.2) per kg this week compared to RMB 96 a week earlier. Polysilicon for multi-crystalline modules was priced at RMB 63 per kg.

As for the wafers, both Longi and Zhonghuan raised the prices of both their 158.76mm and 210mm wafer products by 9.5%. Longi's M6 wafer (166mm, 175um) will be sold at RMB 3.7 pcs in March, which compares to RMB3.4 in February. Longi's M10 (182mm, 175um) was priced at RMB 4.44 pcs, compared to RMB 4.05 last month. Zhonghuan raised the price by 10%, 9%, and 8% for its M12 (210mm, 175um), M6 (166mm, 175um) and G1 (158.75mm, 175um) products, respectively.

Monocrystalline wafer manufacturer Wuxi Shangji Automation announced on Friday that the company had secured a long-term order for 52,700 metric tons of polysilicon from July 2021 to June 2024. The price for the supply agreement will be based on monthly negotiation.

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