LONGi cuts M10 wafer prices by nearly 10%

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email
Cell production at a LONGi facility. Image: LONGi.

LONGi Solar has dropped its wafer prices by as much as 9.75%, its first such fall in more than a year, as signs continue to mount that industry prices are set to normalise into next year.

In an update to its wafer prices yesterday, LONGi revealed its price for p-type M10 (182mm) wafers was RMB6.2 (US$0.86) per piece, a fall of 9.75% on the RMB6.87/pc charged since 11 October 2021.

The price of its p-type M6 (166mm) wafers also fell, falling by just over 7% to RMB5.32/pc from October’s price of RMB5.73/pc.

Prices for LONGi’s p-type 158.75mm wafers fell by 7.4% to RMB5.12/pc.

LONGi’s price reduction further substantiates indications that M10 wafer prices have fallen sharply of late, as presented in last week’s edition of PV Price Watch, exclusive to PV Tech Premium subscribers.

Just last week LONGi signed a wafer supply deal with Chinese manufacturer DAS Solar to provide 1.2 billion M10 wafers over the course of two years, a deal which LONGi valued at over RMB7 billion (US$1.1 billion) on wafer prices of RMB6.87/pc at the time.

25 April 2022
PV CellTech will be held in Europe for the first time! Join us in Berlin to explore the industry transition to n-type mass production. The event concentrates on presentations only; these forming an almost overload of pertinent facts and details to help anyone looking at forming their internal roadmaps for the next few years regarding PV technology trends.

Read Next

January 28, 2022
LONGi has raised its wafer prices for a second time in just over a month as hopes of falling costs fade and China shuts down for a week for its annual Luna New Year holiday.
PV Tech Premium
January 25, 2022
European solar power purchase agreement (PPA) prices can be expected to level off this year following a turbulent end to 2021 as the market undergoes a shift in the balance of power to the seller side.
January 24, 2022
Major polysilicon and wafer producer GCL-Poly Energy Holdings confirmed the completion of its granular silicon facility and, in a major reversal of last year’s fortunes, is expecting RMB5.5 billion (US$850 million) in net profit for 2021, according to a company statement.
January 21, 2022
India is at risk of a supply and demand mismatch for solar equipment if domestic PV manufacturers are unable to meet the quantity and quality required by project developers, Fitch Solutions has warned.
January 20, 2022
Distributed PV installations in China topped 29GW last year, contributing more than half of total solar installations in the country for the first time.
PV Tech Premium
January 16, 2022
Solar wafer prices have experienced a slight increase in price since the middle of last week after an earthquake struck Qinghai earlier this month, disrupting production.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
February 23, 2022
London, UK
Solar Media Events
March 8, 2022
London, UK
Solar Media Events
March 23, 2022
Austin, Texas, USA
Solar Media Events
March 29, 2022
Lisbon, Portugal
Solar Media Events
April 25, 2022
Berlin, Germany