LONGi increases wafer costs as polysilicon prices increase again
May 18, 2021 10:17 AM ET
- Leading solar module and also wafer supplier LONGi has increased its wafer costs by around 12%, reflecting increased material and also elements rates being really felt throughout the sector.
In a pricing fad upgrade released late recently, LONGi raised the rates for its p-type monocrystalline M10, M6 and 158.75 mm wafers by approximately 12% contrasted to its last pricing update, released on 23 April 2021.
The full list of prices is as adheres to:
| Wafer size | 14 May 2021 price (USD) | 23 April 2021 price (USD) | % Increase |
|---|---|---|---|
| M10 182mm | 0.735 | 0.660 | +11% |
| M6 166mm | 0.612 | 0.544 | +12.5% |
| 158.75mm | 0.599 | 0.530 | +13% |
Source: Longi
The boost follows an additional walking in area rates for monocrystalline grade polysilicon recorded by China's solar market recently. PV InfoLink stated last Wednesday (12 May 2021) that spot rates had actually risen to an average of RMB164/kg (US$ 25.4/ kg), nevertheless high prices of RMB180/kg (US$ 27.95/ kg) had been recorded.
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