Affected by the final results of the US DOC AD & CVD review, Chinese module makers are forced to rise up their module selling prices in the US, which results in also pulling up the average selling price of other manufacturers, including Korean, European, and even American companies. Hence, the average multi-crystalline module price is moderately moving up this week

Affected by the final results of the US DOC AD & CVD review, Chinese module makers are forced to rise up their module selling prices in the US, which results in also pulling up the average selling price of other manufacturers, including Korean, European, and even American companies. Hence, the average multi-crystalline module price is moderately moving up this week. The market situation has been improving in China, India, and other emerging markets, even though the overall price in these regions remains stable despite some efforts by module suppliers to rise up price quotes. Meanwhile, Chinese module makers have stopped further reducing their selling prices in Japan and Europe as the demand continues to be quiet. To sum up, the overall multi-crystalline module pricing is moving up solely owing to the US market. For the mono-crystalline market, prices are reduced in China to stimulate demand, but as the mono-crystalline module selling price in the US is also improving, the overall mono-crystalline price is able to remain at the same level.

Overall poly-silicon spot price has fallen this week, as the price for poly-silicon is flat in China but drops seriously outside China. The severe price decrease is mainly explained by the high inventory level of both buyers and sellers since June, limited purchasing activities and the continuous dumping of poly-silicon products on the market, especially by traders. The severe price decrease outside China also affects the price evolution inside China, as non-Chinese poly-silicon is still able to make its way into the market, and the competition limits the price uptrend of domestic manufacturers in China. As demand in China is not strong enough to further drive up poly-silicon prices, the lowering price outside China is consequently pulling down the overall poly-silicon price this week.
Overall multi-crystalline wafer prices are increasing this week, while mono-crystalline wafer price are on the contrary falling. The high multi-crystalline product demand has brought up the order visibility significantly and fueled up wafer production utilization rate to nearly full capacity among most producers. As a result, wafer makers are attempting to raise their price quotes, as well as their OEM contract prices, for which demand has been on the rise due to the Chinese poly-silicon import barriers. In sum, the strong end-market multi-crystalline demand has benefited the multi wafer price uptrend this week. On the other hand, impacted by top-tier Chinese mono-crystalline players latest pricing strategy, the high-efficiency mono-crystalline product price is sliding down marginally this week, leading to a fall in Chinese mono wafer prices accordingly. Consequently, non-Chinese mono-crystalline wafer makers have no choice but to follow the price trend. Hence, dim mono-crystalline end-market demand has brought down mono wafer price this week.
In a similar fashion, the average multi-crystalline cell prices are also on the rise, while mono-crystalline cell prices make another dive. The overall end-market module demand does not improve significantly, so the demand for Chinese and Taiwanese cells is calm and stable. However, the demand for tariff-free solar cells to the US has increased after the latest review of 2012 US AD & CVD case, hence producers located mostly in Vietnam, Malaysia, and South Korea have seen their selling price increase since. To conclude, the cell price to the US has brought up the average multi-crystalline cell price marginally this week. However, considering the still weak demand and the slight drop in mono wafer prices, Chinese mono-crystalline cell manufacturers have chosen to reduce their price quotes so as to stimulate more orders or to outsource productions to reduce their costs. Therefore, mono-crystalline cell price is going down this week, whilst multi-crystalline cell price continues to improve moderately.