LONGi increases wafer prices as polysilicon prices rise again

Large area solar wafer production at a LONGi-owned facility. Image: LONGi.

Leading solar module and wafer provider LONGi has increased its wafer prices by around 12%, reflecting increased material and components prices being felt across the industry.

In a pricing trend update published late last week, LONGi increased the prices for its p-type monocrystalline M10, M6 and 158.75mm wafers by an average of 12% compared to its last pricing update, published on 23 April 2021.

The full list of prices is as follows:

Wafer size14 May 2021 price (USD)23 April 2021 price (USD)% Increase
M10 182mm0.7350.660+11%
M6 166mm0.6120.544+12.5%
Source: LONGi.

The increase follows another hike in spot prices for monocrystalline grade polysilicon recorded by China’s solar sector last week. PV InfoLink stated last Wednesday (12 May 2021) that spot prices had risen to an average of RMB164/kg (US$25.4/kg), however high prices of RMB180/kg (US$27.95/kg) had been recorded.

Read Next

PV Tech Premium
September 27, 2022
Europe must build out its own large-scale, vertically integrated solar PV manufacturing base as a means to ensure its clean energy transition.
September 22, 2022
JA Solar has been promoted to AAA-Rating status for the first time, joining LONGi Solar and Trina Solar in this exclusive bankability ratings, now recognised widely across the PV sector as one of the most accurate and detailed ranking systems on offer to PV module buyers when undertaking supplier due diligence.
September 13, 2022
JinkoSolar has signed two major polysilicon supply contracts worth nearly US$30 billion in the past two weeks as it looks to lock in supply.
September 7, 2022
Module manufacturing major Risen Energy has posted strong revenue and profit figures for the first half of the year, driven by a large increase in product sales and unit sales prices.
PV Tech Premium
September 6, 2022
Having successfully completed its transition from a solar equipment provider to a heterojunction cell and module manufacturer, Meyer Burger is looking to build on a major supply deal last month as it works to ramp up production capacity in the US.
August 30, 2022
Tongwei Solar, EGing PV and LONGi have been shortlisted as candidates for the fifth module procurement round of Hong Kong energy company China Resources Power.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
September 27, 2022
15:30 AEST (UTC +10)
Solar Media Events
October 4, 2022
New York, USA
On-Demand Webinars, Solar Media Events
October 11, 2022
Virtual event
Upcoming Webinars
October 18, 2022
10am (EDT) / 4pm (CEST)