LONGi raises wafer prices for third time in 6 weeks as Tongwei ups cell expenses

• LONGi solar has actually boosted its wafer prices for the third time in less than six weeks as a four-month high in wafer prices proceeds, while Tongwei solar has additionally raised the price of its 182mm and also 210mm solar cells.

Wafers prices have increased by more than 10% considering that the beginning of 2022 and get on the same level with early December 2021 when polysilicon manufacturing was disrupted by power restrictions in China, creating price rises to cascade down the supply chain.

Yesterday (7 March) LONGi boosted the price of its P type M10 165μm mono wafer (182/247mm) by RMB0.2 (US$ 0.03 c) to RMB6.50, up from RMB6.20 and representing nearly a 5% boost on the previous price.

The new price is available in simply under the average price for the wafer priced quote on PV InfoLink, which was RMB6.52.

It is the third time in six weeks LONGi has increased its wafer prices-- the various other two times got on 22 February and 27 January-- as well as sees wafer prices continue to rise amid a four-month high.

While LONGi did not state the factor for the boost in wafer prices, the average area price for polysilicon has actually increased over the past few months. According to PV InfoLink data, the average price for polysilicon has actually gone from to RMB230/kg in the very first 2 weeks of January 2022 to RMB242/kg today.

At the same time, Tongwei today boosted the prices of its mono PERC cell line. Its 210mm (160μm) cell now costs RMB1.16/ w (US$ 0.18 c/w), up from RMB1.12/ w in October, an increase of 3.6%. As Well As its 182mm (160μm) cell was up RMB0.03/ w to RMB1.15/ w, a 2.6% increase.

Once more, these fall near to estimates set by PV InfoLink which placed 210mm (160μm) cells at a high price of RMB1.16, while 182mm (160μm) went to a high of RMB1.145.

In February, Tongwei warned of ongoing tight supply of solar PV products after high-purity silicon stayed in short supply, triggering continual prices boosts.