LONGi increases wafer prices by 4% as hopes of falling costs fade

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

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.

LONGi yesterday (27 January) upped the price of its P type M10 165μm Mono Wafer (182/247mm) to US$0.888. Its P type M6 165μm Mono Wafers (166/223mm) have increased to US$0.744. And its P type 165μm Mono Wafer (158.75/223mm) has risen to US$0.717.

The latest price hike follows an increase on 16 January 2022, which was caused by an earthquake disrupting production in Qinghai.

There had been hopes the price of wafers would fall after LONGi dropped its prices by 5% on 16 December 2021. In a statement at the time, LONGi said the price adjustment was triggered by conditions upstream, with wafer price reductions expected to ricochet further down the value chain.

But this has not materialised and LONGi’s price hike yesterday represented a 3.7% jump on the price of its P type M10 165μm Mono Wafer (182/247mm), a 3.8% rise for its P type M6 165μm Mono Wafers (166/223mm) and a 4% increase for its P type 165μm Mono Wafer (158.75/223mm).

Meanwhile, Polysilicon prices edged upwards again this week to RMB238/kg (US$37.4), up 1.7%, according to data from PV InfoLink.   

 PV Tech Premium’s PV Price Watch has been systematically tracking wafer, module and polysilicon prices since the cost crisis began.  

Read Next

May 18, 2022
JA Solar has today unveiled its new n-type module (Bycium+ cell), the DeepBlue 4.0 X, whilst committing to a 15GW manufacturing capacity of the product by next year.
May 18, 2022
LONGi Solar is planning to develop a 20GW module assembly facility in Wuhu City, Anhui Province after signing a cooperation agreement with local authorities.
May 16, 2022
The world added record amounts of renewable energy last year with 295GW of capacity deployed, up 6% year-on-year, despite supply chain constraints, project delays and high commodity prices, according to the International Energy Agency (IEA), which also expects nearly 320GW to be deployed this year.  
May 16, 2022
Chinese solar manufacturer Risen Energy has started production at its 120μm heterojunction (HJT) solar cell production line in Changzhou City, China.
May 6, 2022
Leading solar manufacturer LONGi has revealed it expects to finish 2022 with solar wafer, cell and module manufacturing capacity of 150GW, 60GW and 85GW respectively.
May 3, 2022
Solar polysilicon, wafer and cell prices have all risen once again in the past week as demand continued to outstrip supply, with COVID-19 lockdowns in China continuing to disrupt the value chain.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
June 14, 2022
Napa, USA
Solar Media Events
October 4, 2022
New York, USA