LONGi walks wafer rates as prices volatility set to remain
- LONGi has increased its wafer rates for the very first time in almost two months with the market supported for continued high prices throughout the remainder of the year.
![LONGi walks wafer rates as prices volatility set to remain LONGi walks wafer rates as prices volatility set to remain](/images/sections/5/20210820/s0_6255.webp)
The other day LONGi confirmed cost boosts of about 4% for its wafers, the first time it has actually boosted costs because 24 June 2021. The full details of the price boost are listed below.
Wafer size | 19/8/21 price | 24/6/21 price | % increase |
---|---|---|---|
182mm | US$0.836 | US$0.803 | 4.1% |
166mm | US$0.697 | US$0.669 | 4.2% |
158mm | US$0.683 | US$0.655 | 4.3% |
LONGi wafer costs since 19 August 2021.
LONGi's cost rise complies with Tongwei treking the rate of its cells for the first time considering that July. Details of Tongwei's prices since 12 August are listed below.
Cell size | 12/8/21 price | 30/6/21 price | % increase |
---|---|---|---|
210mm | RMB1.02/w | RMB1.00/w | 2% |
166mm | RMB1.03/w | RMB1.00/w | 3% |
158mm | RMB1.12/w | RMB1.08/w | 3.7% |
Polysilicon prices have plateaued since very early June, when they reached a typical spot rate of RMB206/kg (US$ 31.7/ kg), and did reveal very early indications of falling in late July. But they have given that climbed as well as plateaued again, remaining stagnant at around RMB203/kg.
Earlier today Longgen Zhang, president at polysilicon producer Daqo New Energy, noted exactly how in the opening weeks of Q3 2021 ordinary market price for polysilicon had risen to US$ 26-- 28/kg, up from the Q2 standard of ~ US$ 20/kg with need for modules-- and consequently cells and wafers-- staying strong in spite of higher rates.
Daqo additionally kept in mind that current plan efforts in China have meant to stimulate release of dispersed solar tasks across the nation, which is also increasing the demand forecasts for solar modules from September onwards.
As a result, polysilicon supply is expected to remain tight throughout the remainder of the year.