Featured in Down to the wires 06-2024

Prices remain low on Chinese module market

Hanwei Wu, editorial director for energy commodity analyst OPIS, discusses recent developments in China. The nation’s PV module market is currently experiencing a drop in polysilicon prices and additional pressure from recently announced US tariffs.

 The Chinese photovoltaic supply chain remains in oversupply, keeping upstream and downstream prices at record lows. Backdated module forward-curves suggest that supply imbalances are expected to persist in the short term.The Chinese Module Marker (CMM), the OPIS benchmark assessment for PV modules from China, was at $0.113/W for the latest tunnel oxide passivated contact (TOPCon) …

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