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

Facebook
Twitter
LinkedIn
Reddit
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.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

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.  

12 March 2024
Frankfurt, Germany
The conference will gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing out to 2030 and beyond.
8 October 2024
San Francisco Bay Area, USA
PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 8-9 October 2024 is our second PV CellTech conference dedicated to the U.S. manufacturing sector. The event in 2023 was a sell out success and 2024 will once again gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing in the U.S. out to 2030 and beyond.
26 November 2024
Málaga, Spain
Understanding PV module supply to the European market in 2025. PV ModuleTech Europe 2024 is a two-day conference that tackles these challenges directly, with an agenda that addresses all aspects of module supplier selection; product availability, technology offerings, traceability of supply-chain, factory auditing, module testing and reliability, and company bankability.

Read Next

Subscribe to Newsletter

Upcoming Events

Solar Media Events
March 12, 2024
Frankfurt, Germany
Upcoming Webinars
March 13, 2024
9am EDT / 1pm GMT / 2pm CET
Solar Media Events
March 19, 2024
Texas, USA