The rush for PV installation has not yet materialized, and the price has started to decline.
in February, the bid opening of power stations has been held in the Chinese market. From the perspective of some bid winning prices, the price of domestic demand components has weakened, Including Hanhua 5 MW single crystal 280W component with the bid price of RMB 2.91/w (equivalent to us$0.362), the industrialization project of domestic special metal materials brought by Tianjin Gangyan Hyde Technology Co., Ltd., a subsidiary of China Steel Research Technology Group (hereinafter referred to as China Steel Research), Jingke 100MW multi block, no damage and crack crystal 270W, and RMB 2.88/w (equivalent to us$0.358/W), etc, Continue to add pressure to market prices
according to energytrend's observation, since many large-scale power station bidding projects have not been launched in February, the overall domestic demand in February is not as expected, the component manufacturers are also facing considerable pressure, and the news of component price decline is frequent. As the marketing cost of the component factory is higher than that of the middle and upper reaches, the order must keep about 15% of the profit. Under the condition that the component price is falling one after another, the battery price can only be reduced again. Therefore, the target price of batteries purchased by some component factories this week has been reduced by US $0.05/w and RMB 0.04-0.05/W compared with last week. Although most battery factories have not yet accepted the bargaining directly close to the cost line, the rush to install has not appeared, and it is inevitable that the price will fall in the short term
polysilicon chip manufacturers have also smelled that the battery price is about to weaken, and the quotation in March is no longer going to rise, and the quotation remains at us$0.66-0.68/PC and RMB 5.1-5.15/PC. However, at the price of US $0.215/W, battery factories can no longer accept polysilicon chips above US $0.66/PC, and subsequent polysilicon chip manufacturers are bound to face considerable bargaining
with the downward wave of price decline, polysilicon is expected to remain high, but the CPU synthetic leather used by the company is difficult to survive in the future. Although the system is stable after all, the negotiated price in March has reached RMB/kg, and some even reached RMB 147/kg. However, with the imminent decline in the price of silicon wafers, the price of polysilicon should have reached the highest point this year
looking forward to the future, the price decline of the supply chain is inevitable in the short term. The peak season from February to early March is not prosperous, so we can only expect China's domestic demand to start as soon as possible. As China's overall demand this year should still be about 25gw, if it is not launched in March, the demand from April to May will be very concentrated, and the midstream price is still expected to stabilize at that time