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Jiangsu Guoyang Photoelectric Technology Co., Ltd.


Recent Price of solar panel and raw material

Silicon material quotations continue to rise, and silicon material companies have successively signed market outlook orders. The downstream began to actively inquire and negotiate orders. According to the overall transaction order volume, the market demand for silicon materials did not decrease in February, and the transaction price rose slightly, with an increase of about 2 yuan/kg. At present, the average price of single crystal materials has risen to around 90 yuan/kg, and the mainstream price of single crystal materials has been raised to 86-92 yuan/kg, and some companies have even begun to sign orders in March. In terms of polycrystalline materials, the overall quotation has stabilized, with no obvious fluctuations in demand. Due to the overall tight supply of silicon materials, the bargaining space for silicon materials has expanded, and the demand for overseas monocrystalline materials continues to improve. Observing the production, operation and shipment of silicon materials, the domestic silicon material supply chain volume continued to increase in January 2021 compared to December last year.

The overall price of silicon wafers remained stable, and the demand for G1 wafers continued. After major monocrystalline silicon wafer companies announced that wafer pricing remained unchanged in January, most companies in the market followed suit. The overall wafer quotations remained stable, and wafer prices were still within control under market conditions where overall demand was weakening. However, in the face of the gradual upgrading of silicon materials, and the general demand for solar cells in addition to the G1 size, the overall market even has a trend of supply and demand. In terms of polycrystalline silicon wafers, the overall market supply and demand are temporarily stable. It is expected that prices will remain stable in the short term.

The cell quotations fluctuated slightly, and the price of M6/M10/G12 size cells fell. Large cell companies announced their cell prices in February, and other mainstream companies have not seen any significant price adjustments.Judging from the relatively tight stocking situation a year ago, the price of G1 cells continues to be stable. On the whole, there is still room for the downside of cell prices in the market outlook.                       

Component prices have stabilized as a whole, and component companies mainly deliver on-hand orders. The enthusiasm for overall market demand continued,and the quotations remained stable as a whole.