A few days ago, Dow Jones released data showing that the price of monocrystalline M10 and G12 silicon wafers fell by 2.33% and 1.44% to $0.293 and $0.410 respectively, and it is expected that the price of silicon wafers will hit bottom in the short term.
Photo: OPIS
While the silicon wafer market remains depressed, this week's price decline has narrowed from the previous two weeks. Industry insiders said that the price of silicon wafers is expected to rebound from the bottom soon.
One polysilicon seller said that even if polysilicon was priced at Rmb50 ( $6.86) per kilogram in China, the cost of M10 wafers produced by major manufacturers would still be slightly higher than Rmb2 per wafer. He added that unless the price of high-purity quartz crucibles also falls sharply, it will not reach the selling price of 2 yuan per piece, so he deduced that the minimum selling price of M10 wafers may be around 2.1 yuan to 2.2 yuan per piece. The price difference between silicon wafers offered
by first-tier companies and other producers is narrowing. A senior market observer said that both large and small producers cut the price of M10 wafers to between 2.3 yuan and 2.4 yuan per wafer after a secondary wafer manufacturer took the initiative to cut prices. Wafer companies are no longer profitable given current polysilicon prices,
one developer said. Polysilicon prices in China fell nearly 5% this week to Rmb65.875 a kilogram, OPIS estimated. The sources added that in order to minimize losses, wafer companies would rather cut production further than sell wafers at a loss, indicating that wafer manufacturers are no longer in a position to cut prices further.
According to downstream sources, the only encouraging news in the wafer market is that Chinese polysilicon prices are now falling more than wafer prices, which could help wafer makers make up some of their losses. The decline in wafer prices is coming to an end as polysilicon prices approach their cash costs, the source added.
浙公网安备33010802003254号