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SMM March 13 News:
Solar Cell
Prices
High-efficiency PERC 182 solar cells (efficiency of 23.2% and above) were priced at 0.31-0.32 yuan/W; no transactions were recorded in the PERC 210 solar cell market.
Topcon 183 solar cells (efficiency of 25% and above) were priced at approximately 0.295-0.3 yuan/W, Topcon 210RN solar cells at 0.31-0.34 yuan/W, and Topcon 210 solar cells at 0.295-0.295 yuan/W, with prices continuing to rise recently.
HJT direct sales were limited, with integrated manufacturers being self-sufficient.
Production
Topcon solar cell production schedules in March increased by 36.04% MoM, Topcon 183 solar cells by 43.31% MoM, Topcon 210R solar cells by 89.18% MoM, and Topcon 210 solar cells by 29.42% MoM.
Inventory
Solar cell shipments were tight, inventory continued to decline, and large-format 210RN cells were out of stock.
Modules
Prices
In the current module market, mainstream transaction prices for N-type 182mm modules in centralized projects were 0.696-0.712 yuan/W, up by 0.005 yuan/W, while N-type 210mm modules were priced at 0.716-0.732 yuan/W, also up by 0.005 yuan/W. Topcon distributed module prices ranged from 0.717 to 0.738 yuan/W.
Production
Overall module production schedules in March increased by 35% MoM, with more orders being delivered.
Inventory
Market shipments improved recently, distributed rush-for-installation orders emerged, and most module manufacturers reported that domestic demand might weaken in the future. Currently, they are actively taking orders and destocking.
PV Film
Prices:
EVA/POE PV-Grade Materials:
PV-grade EVA was priced at 11,500-11,850 yuan/mt, while PV-grade POE transactions were priced at 12,000-14,000 yuan/mt.
PV Film:
The current mainstream price for 420g transparent EVA film was 5.46-5.67 yuan/m², 420g white EVA film was 5.96-6.17 yuan/m², 380g EPE film was 5.79-5.89 yuan/m², and 380g POE film was 6.84-7.22 yuan/m².
Production
March production schedules for PV-grade EVA increased by 13.7% MoM, while PV film production schedules rose by 3.1% MoM.
Inventory
Currently, petrochemical plant inventories are relatively low, supply remains tight, and demand is increasing. Inventory levels are expected to remain low.
Prices
3.2mm Single-Layer Coating: 3.2mm single-layer coated PV glass was priced at 22-23 yuan/m², with prices remaining stable.
3.2mm Double-Layer Coating: 3.2mm double-layer coated PV glass was priced at 23-24 yuan/m², with prices remaining stable.
2.0mm Single-Layer Coating: 2.0mm single-layer coated PV glass was priced at 13.5-14 yuan/m², with prices remaining stable.
2.0mm Double-Layer Coating: 2.0mm double-layer coated PV glass was priced at 14.5-15 yuan/m², with prices remaining stable.
Production
This week, Guangxi added a 1,200 mt/day furnace, and in March, a total of 2,400 mt/day furnaces were newly ignited nationwide, further increasing supply.
Inventory
Glass inventory saw slight destocking, and the purchasing enthusiasm of module enterprises remained strong.
